Investegate |McBride PLC Announcements | McBride PLC: Final Results
Investegate announcements from McBride PLC, Final Results
Source: investegate.co.uk
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McBride Benefits From Cleaning Boom; Restructuring On Track
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 1.9 percentage points to 5.2% after a further softening of certain raw material and packaging prici...
Source: kamcity.com