Added to YB: 2026-03-24
Pitch date: 2026-03-22
NICL.L [bullish]
Nichols plc
-2.55%
current return
Author Info
The Boon Fund writes about their investments in UK shares. Outperforming the FTSE All-Share, every year, for the last three years. 49% total return vs 15% over three years. They transparently publish their entire portfolio, as well as all buys and sells that they do. Sign up for the newsletter.
Company Info
Nichols plc, together with its subsidiaries, engages in supply of soft drinks to the retail, wholesale, catering, licensed, and leisure industries in the United Kingdom, the Middle East, Africa, and internationally.
Market Cap
GBP 345.2M
Pitch Price
GBP 9.42
Price Target
16.00 (+74%)
Dividend
3.57%
EV/EBITDA
8.66
P/E
16.18
EV/Sales
1.67
Sector
Beverages
Category
growth
Buying Opportunity or the Beginnings of a Recession? - Nichols plc
NICL.L (added to position): Topped up at 970p (from 1400p, now <950p). UK outperformance + high-margin MyProtein/Applied Nutrition licensing deals = new distribution (Holland & Barrett, South UK). Africa double-digit growth via local Vimto rollout (Senegal/Ivory Coast). US/Canada +double-digit from Muslim adoption (Ramadan). Saudi (75% Middle East rev) in low season, upside if conflict keeps people home. 4.7% yield, strong balance sheet. PT 1600p. Now largest position.
Read full article (1 min)