REG - McBride PLC - Full Year Trading Update

McBrideAnnouncement

Wed 07:00

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RNS Number : 1922R  McBride PLC  16 July 2025

16 July 2025

McBride plc

 

Full year 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 twelve months ended 30 June 2025.

 

The Group has continued to build on the significant improvement in financial
performance achieved in recent years with the Group anticipating that adjusted
operating profit for the full year to June 2025 will be in line with
expectations for the twelve months to June 2025.

 

Group revenue was 0.7% higher than the prior year period on a constant
currency basis. The Group continues to make progress in its strategic markets
and geographies, driven by strengthening customer partnerships. Total volumes
were up 4.3% relative to the prior year period with private label volumes up
1.4% and contract manufacturing volumes up 48.9%, driven by the full-year
impacts of significant new long-term contracts.

 

Whilst demand for private label products remains strong, there are signs that
private label market share has stabilised at current levels. In light of
continuing inflationary pressures, many retailers are seeking value to support
their consumer proposition with an increased requirement for cost out actions
to support lower market pricing.

 

The Group continued its focus on net debt reduction resulting in net debt
closing at £105.2m, a £26.3m reduction versus the prior year end (30 June
2024: £131.5m), representing a net debt cover level of 1.2x.

 

On 17 January 2025, the Group announced that it intends to reinstate annual
dividends in relation to the current financial year. Details will be announced
at the same time as the Group's full-year results on 17 September 2025.

 

 

 

 

For further information, please contact:

 

 McBride plc
 Chris Smith, Chief Executive Officer
 Mark Strickland, Chief Financial Officer

 Instinctif Partners                       020 7457 2020
 Hannah Scott
 Augustine Chipungu

 

 

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