AGM Statement

McBride PLC 13 December 2001 13 December 2001 McBRIDE plc AGM STATEMENT At the Annual General Meeting of McBride plc, the leading manufacturer of private label household and personal care products in Europe, the Chairman, Lord Sheppard, said: 'I am pleased to report that the trading performance for the Group in the July to November 2001 period maintained the improvement that was achieved in the second half of the last financial year. Despite intense ongoing competition, the tight control of input costs and increased sales have resulted in profits from core household and personal care businesses being ahead of the equivalent period last year.' 'Whilst the performance of Aerosol Products Ltd in November improved as a result of cost reductions and price increases, this joint venture with Nichol does continue to be a subject of focus and concern and we are actively considering options for its future.' 'We announced on 9 November 2001 that discussions regarding potential offers for the Group had terminated. The Board now intends to focus on its two core businesses. The overall start to the year is reassuring, and the Board is confident of a satisfactory outcome for the year.' - ENDS - For further information please contact: Mike Handley, Chief Executive McBride plc 01494 607050 Fiona Meiklejohn Financial Dynamics 020 7 831 3113


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