McBride (GB:MCB) has released an update.
McBride PLC reports a robust financial year with a revenue increase of 5.2% to £934.8m, and substantial growth in adjusted operating profit to £67.1m, exceeding market expectations. The company saw a 5.7% rise in overall sales volumes, spurred by a 7.2% increase in private label volumes, and significant debt reduction. With a strong outlook based on current trends and new contracts, McBride anticipates continued revenue growth and profitability in the upcoming year.
For further insights into GB:MCB stock, check out TipRanks’ Stock Analysis page.
