Vimto Sales Climbing, Along With Nichols’ Revenue, Profit

British beverage company Nichols plc, maker of the popular carbonated beverage Vimto, reported a six-month rise in profit of 7.1 percent to $16.6 million, and year-over-year revenue increase of 12.4 percent to $82.8 million. Vimto is a blend of the juices of grapes, raspberries, and blackcurrants, plus herbs and spices. Sales growth of Vimto outstripped the overall market, growing 10 percent year-on-year compared to 2.9 percent growth by the total soft drinks market. Nevertheless, Chairman John Nichols said the outlook for the U.K. market will remain “challenging.” [Image Credit: © Vimto ]