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NICL

Nichols plc

BUY Analysis generated 2026-10-04 Market data as of 2026-11-13 Market data 2 days old 1080.00p Consumer Defensive - Beverages - Non-AlcoholicAWAIT ENTRY
ACTIONABLEMethodology gates passed
72

Position levels

Currenttoday
1080.00p
Buy <=wait / entry
976.67p
Trim >=take some off
1170.00p
Thesis breakA clear failure of the VITHIT integration to deliver incremental revenue or marg...
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case40%100 / 10040.0
Base case50%62 / 10031.0
Bear case10%10 / 1001.0
Weighted conviction72 / 100 - BUY

Top risks

  • Acquisition of VITHIT for EUR 75 million cash consideration on debt-free basis, expanding into health and wellness category
  • H1 2026 revenue up 4.7% to GBP 89.5m with record cash generation
  • Interim dividend increased 34.7%
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.

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