The maker of Vimto and Slush Puppie made a pre-tax loss of almost £18m during its latest financial year despite its revenue rising to nearly £145m.
Newton-le-Willows-headquartered Nichols plc has reported a loss of £17.6m for the 12 months to December 31, 2021, compared to the profit of £6.5m it achieved during the prior year.
The company has also posted a revenue of £144.3m for the period, a rise from £118.6m.