Strong Financial Performance
McBride reported doubled EBITDA returns from historic levels and normalized balance sheet. The company maintained adjusted operating profit at GBP 66.1 million, similar to last year, and achieved strong cash generation with free cash flow at GBP 93.9 million.
Successful Market Penetration and Growth
The company reported a volume growth of 4.3%, with private label growth continuing to outperform branded growth. Notably, there was a 7% growth in laundry liquids against a market growth of 2.8%.
Reinstatement of Annual Dividend
Due to the improved financial position, McBride has reinstated its annual dividend, recommending a 3p per share dividend for the fiscal year 2025, the first in over 5 years.
Strong Operational Improvements
The company achieved the best service levels in over 6 years, and improved carbon footprint, with an intensity reduction of 8%. Manufacturing improvements led to a 2% increase in operating effectiveness.
Strategic Initiatives
McBride's transformation program is on track to deliver GBP 50 million cumulative net benefit over 5 years, with significant progress in commercial and service excellence programs.