16.01.2024 10:42:53 - dpa-AFX: McBride H1 Revenue Climbs, Sees Profit Slightly Ahead Of View; Stock Down

LONDON (dpa-AFX) - McBride plc (MCB.L), a manufacturer of household and
personal care products, on Tuesday reported higher revenues and volumes for its
first half. Further, it anticipates first-half adjusted operating profit to be
slight ahead of expectations.

The stock is trading down around 12% in London.

In its trading update, the company reported that total revenue was 9.9 percent
higher than the prior year on a constant currency basis, gaining from volume
growth and price actions impact.

The overall volumes were higher by 6.4 percent as they were driven by continuing
momentum in private label.

McBride said it continues to manage significant supply chain volatility.

The manufacturer is scheduled to publish its half yearly results on February 27.

Currently, McBride shares are trading at 79.10 pence, down 11.92% in London.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MCBRIDE PLC LS-,10 896261 Frankfurt 1,350 06.06.24 21:50:03 -0,030 -2,17% 0,000 0,000 1,430 1,380

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