Vimto Sales Bear Fruit As Nichols Clears Most of Its Debt in a Year

Daily PostMarch 24, 2005

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Summary


VIMTO owner Nichols said yesterday it had cleared almost all its debts following an eventful year that saw it focus fully on its soft drinks business.

Nichols said the sale of its food division in November had cut its debts to pounds 353,000 at the end of 2004 after starting the year owing pounds 13.5m.

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Vimto Sales Bear Fruit As Nichols Clears Most of Its Debt in a Year

The disposal formed the final part of a strategic revi...

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