Exceptional Write Off7 Jul 2011 14:29
Mcbrides also say in their Trading Statement..."The Group's initiatives to reduce Supply Chain costs are progressing according to plan. We continue to expect the cost of these initiatives to be around £20m of which around £11m will be taken as an exceptional charge in the current financial year with no change to the timing of annualised benefits"
Sounds like they are making big redundancies maybe the Henkel contract loss?