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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Vimto maker’s H1 profit up 6.8 pc

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LONDON: Nichols Plc, the maker of Vimto soft drinks, said on Thursday its half-year adjusted pretax profit rose 6.8pc, driven by both the still and carbonate beverage segments. The company’s adjusted pretax profit was £12.7 million ($16.5 million) for the half year ended June 30. Group revenue rose 12.4 per cent to £63.5 million. Vimto raised its interim dividend by 12.2 per cent to 10.1 pence per share, and added that it expected full-year earnings in line with its expectations. — Reuters


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