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Confidential McBride plc Strong performance recovery through 2023 Improving momentum from...

Confidential McBride plc Strong performance recovery through 2023 Improving momentum from...

23rd February 2021 McBride, the manufacturer of own label cleaning and hygiene products, has reported robust first-half figures as consumers concerned about the virus continued to buy more cleaning products. Over the six months to 31 December 2020, the British firm’s revenues rose 3.6% to £362.9m with increased demand for cleaning, dishwash and aerosol products outweighing weakness in laundry lines. Adjusted operating profit rose from £11m to £19m with operating profit margin increasing by...

By Alec Mattinson2021-02-23T08:59:00+00:00 Top story Household goods manufacturer McBride has seen an uplift in sales and profits in the second half of the year as the coronavirus outbreak continues to boost the sale of cleaning products. For the six months to 31 December 2020, McBride posted sales of £362.9m, which were 3.6% higher, or 1.7% higher at constant current rates. The sales uplift reflected continued strong demand for cleaning products due to the Covid-19 pandemic. The group’s f...