Nichols to bust profit expectations

The soft drinks firm Nichols said today that its profits would be "significantly ahead of last year and ahead of current market expectations."

In a trading update, the Newton Le Willows, Warwickshire-based firm, best known for its Vimto product, said full year 2010 revenues were well ahead of its internal plans and it expected profitability to be significantly ahead of last year and ahead of current market expectations.