Nichols plc announced unaudited consolidated interim results for the first half ended June 30, 2016. For the period, the company reported group revenue of £56.520 million against £54.716 million a year ago. This revenue growth was driven by UK sales, which is particularly pleasing in the context of the continued challenges in the UK soft drinks market. Operating profit was £11.869 million against £10.709 million a year ago. Profit before taxation was £13.007 million against £10.915 million a year ago. Profit was £10.367 million or 28.10 pence per diluted share against £8.718 million or 60.25 pence per diluted share a year ago. Net cash generated from operating activities was £9.029 million against £6.274 million a year ago. Acquisition of property, plant and equipment was £1.237 million against £0.660 million a year ago.

For the year 2016, the Board expects results will be in line with market expectations.