Thursday 5 August 2010

Ramadan demand boosts Vimto maker's H1 profits

Ramadan demand boosts Vimto maker's H1 profits


Soft drinks group Nichols, the makers of purple fruit drink Vimto, said on Thursday it had posted a 39 percent rise in profits on the back of a surge of pre-Ramadan shipments to the Middle East.The fizzy drink, which has been distributed in the region since 1928 by Saudi’s Aujan Industries, has a near monopoly during the Holy Month, when it is used by Muslims as a quick energy boost after fasting.In an eight-week period, including pre- and post-Ramadan sales, Gulf Muslims drink eight months’ worth of Vimto sales, Aujan has said.

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