UK's McBride drops after lower annual profit
BUZZ-UK's McBride drops after lower annual profit ** Shares of British household goods maker McBride MCB.L fell as much as 5.2% to 182 pence
** Co reports FY adj PBT down 6.1% as Q4 margin recovery lagged following Middle East crisis
** Expects Q1 margin lag, with improvement during Q2, subject to materials pricing
** Says cost environment difficult to predict due to geopolitical tensions, with further price rises increasingly likely
** "Macro conditions continue to cloud the outlook but, given the learnings from prior experience, the group continues to respond quickly and effectively to pass on costs" - Peel Hunt
** MCB up 24% YTD
(Reporting by Nithyashree R B in Bengaluru)