McBride plc (LSE:MCB) has unveiled a £20 million share buyback initiative, underscoring the Board’s view that the company’s current market valuation does not reflect its underlying strength. The group continues to deliver solid financial results, with expectations for a third consecutive year of stable profitability. Recent operational achievements—including the rollout of the SAP S/4 Hana ERP platform at key sites and the renewal of a €175 million sustainability-linked credit facility—further reinforce McBride’s financial and operational footing. The Board has also indicated it may seek additional buyback authority should the perceived undervaluation persist.
The company’s outlook remains grounded in a stable financial profile and supportive earnings-call commentary, including improving EBITDA and the reinstatement of dividends. Even so, technical indicators currently point to a bearish trend, and the group’s elevated leverage continues to be a risk consideration.
More about McBride
McBride plc is one of Europe’s leading producers of private-label and contract-manufactured household and professional cleaning and hygiene products, supplying major retailers and commercial clients across the region.
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