REG - McBride PLC - Trading Update

McBrideAnnouncement

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RNS Number : 5064P  McBride PLC  20 January 2026

20 January 2026

McBride plc

 

Trading Update

 

McBride plc (the "Group"), the leading European manufacturer and supplier of
private label and contract manufactured products for the domestic household
and professional cleaning and hygiene markets, today provides the following
trading update for the six months ended 31 December 2025 ("the period").

The Group continues to maintain and build on the significant improvement in
financial performance achieved in recent years with its full year adjusted
operating profit expected to be in line with both analysts' expectations* and
the prior two financial years.

Whilst first half adjusted operating profit will be slightly behind the
particularly strong performance of the prior year period, the Group
anticipates the second half to be favourable compared to prior year, driven by
a pipeline of confirmed business wins to be launched in the second half, which
in turn will continue to provide a solid foundation for profit growth in the
financial years 2027 and 2028.

Group revenue was 0.8% higher at reported rates with volumes growing by 0.4%.
Overall demand for private label products remains strong with Private Label
Household share of the top 5 markets remaining at recent highs.

Profitability levels have been maintained through a combination of product
engineering, operational improvements and overhead cost control.

Net debt closed the period at £120.6m (£105.2m at 30 June 2025) and on a
12-month trailing EBITDA basis, net debt cover was circa 1.4x (30 June 2025:
1.2x). During the period a total of £12.9m was spent on shareholder returns,
comprising dividend payments of £5.2m, a share buy-back programme of £1.3m
together with £6.4m share purchases by the Employee Benefit Trust to prevent
future equity dilution on incentive awards.

The Group's half-year results will be announced on 24 February 2026.

* Current analysts' expectations refer to a Group compiled consensus for
adjusted operating profit for FY26 of £64.0m

 

For further information, please contact:

 

 McBride plc                               Via TEAM LEWIS
 Chris Smith, Chief Executive Officer
 Mark Strickland, Chief Financial Officer

 TEAM LEWIS
 Hannah Scott                              +44 20 7802 2634
 Galyna Kulachek                           +44 20 7802 2664

 

 

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