UK's McBride warns profit to miss expectations as Iran war drives up input costs
UK's McBride warns profit to miss expectations as Iran war drives up input costs June 12 (Reuters) - Private-label cleaning products manufacturer McBride MCB.L on Friday warned that annual profit for fiscal years 2026 and 2027 would come in 5% to 10% below market views, as sustained price increases due to the Iran war squeeze margins.
(Reporting by DhanushVignesh Babu in Bengaluru)
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UK's McBride warns profit to miss expectations as Iran war drives up input costs