McBride plc (LSE:MCB) said full-year adjusted operating profit for the year ending June 2026 is expected to be in line with both market expectations and the previous two financial years, as recent improvements in trading performance continue to gain traction. While first-half adjusted operating profit is set to come in slightly below the exceptionally strong comparative period last year, management expects a stronger second half, supported by a pipeline of confirmed new business launches that are scheduled to come on stream.
For the six months to 31 December 2025, group revenue increased 0.8% at reported rates, with volumes up 0.4%. Demand for private label products remained robust, helping to sustain stable profitability through a combination of product engineering, operational efficiencies and tight control of overheads. Net debt rose to £120.6 million, equivalent to around 1.4 times trailing 12-month EBITDA, following £12.9 million returned to shareholders via dividends, a share buyback and Employee Benefit Trust purchases designed to limit future equity dilution. The company is due to report its half-year results on 24 February 2026.
Looking ahead, McBride expects the combination of steady private label demand, confirmed contract wins and ongoing efficiency initiatives to support profit growth into 2027 and 2028. Although financial performance still has scope for further improvement, recent strategic progress and a supportive valuation backdrop provide a constructive outlook.
More about McBride
McBride plc is a leading European manufacturer and supplier of private label and contract-manufactured products for domestic household and professional cleaning and hygiene markets. The group serves major retailers and customers across its core European geographies, where private label demand remains strong and market share is at or near recent highs across its five largest markets.
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