Trading Update

RNS Number : 6688I

McBride PLC

05 July 2013

 



5^th July 2013

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 30^th 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 30^th June 2013 on 3^rd 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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