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5 Jul 2013 07:00
McBride PLC
Trading Update
McBride PLC, Europe's leading provider of Private Label Household and Personal Care products, today provides an update on trading for the year ended 30th June 2013 prior to entering its close period.
The Board expects to report adjusted operating profit and year end net debt for the year just ended in line with its expectations.
Group full-year revenue on a constant currency basis is expected to show a decline of 5% as previously announced. Private Label full-year revenue has improved to be in line with the prior year, while revenue from our Core and Future Growth categories continued to perform well with growth of 3% compared to the prior year. Contract manufacturing revenue declined by 27% as a consequence of the previously-announced wind-down of this segment.
The Group intends to announce its preliminary results for the year ended 30th June 2013 on 3rd September 2013.
For further information please contact: | |
McBride plc | |
Chris Bull, Chief Executive | 020 7822 3902 |
Richard Armitage, Group Finance Director | 020 7822 3901 |
FTI Consulting | |
Ed Bridges, Nick Hasell | 020 7831 3113 |
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