tiprankstipranks
McBride PLC Announces Profit Surge and Sales Growth
Company Announcements

McBride PLC Announces Profit Surge and Sales Growth

McBride (GB:MCB) has released an update.

Don't Miss our Black Friday Offers:

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.

Related Articles
TipRanks UK Auto-Generated NewsdeskMcBride Chairman Boosts Stake with Share Purchase
TipRanks UK Auto-Generated NewsdeskMcBride CEO Increases Stake with Share Purchase
TipRanks UK Auto-Generated NewsdeskMcBride CFO Increases Shareholding, Boosts Investor Confidence
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App