McBride PLC (GB:MCB)
LSE:MCB
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McBride (MCB) AI Stock Analysis

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GB:MCB

McBride

(LSE:MCB)

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Neutral 66 (OpenAI - 4o)
Rating:66Neutral
Price Target:
127.00p
▲(13.60% Upside)
McBride's overall stock score reflects a stable financial position with strong earnings call highlights, including EBITDA improvements and dividend reinstatement. However, technical analysis shows bearish trends, and high leverage remains a concern.

McBride (MCB) vs. iShares MSCI United Kingdom ETF (EWC)

McBride Business Overview & Revenue Model

Company DescriptionMcBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, the Asia Pacific, rest of Europe, and internationally. It operates through five segments: Liquids, Powders, Unit dosing, Aerosols, and Asia Pacific. The Liquids segment offers laundry detergent, dishwasher liquids, surface cleaners, and bleach. The Unit dosing segment provides auto dishwasher tablets, laundry capsules, and water softeners. The Powders segment offers laundry, auto dishwash, stain removers, water softeners, and powdered cleaning products. The Aerosols segment provides household, personal care, insecticides, sanitizers, and professional cleaning products. The Asia Pacific segment offers shampoo, liquid soap, auto dishwasher tablets, and washing up liquids. The company also provides contract manufacturing services. The company offers products under the Surcare, Oven Pride, Clean N Fresh, and Hospec brands. McBride plc was founded in 1927 and is based in Manchester, the United Kingdom.
How the Company Makes MoneyMcBride generates revenue primarily through the production and sale of private label products for major retailers, which form the bulk of its income. The company also engages in contract manufacturing, producing products for third-party brands. Key revenue streams include sales of cleaning and personal care products to supermarkets and drugstores, as well as partnerships with retail giants that allow for customized product offerings. Additionally, McBride benefits from economies of scale in production and has implemented efficiency improvements to reduce costs, further enhancing its profitability.

McBride Earnings Call Summary

Earnings Call Date:Sep 17, 2025
(Q4-2025)
|
% Change Since: |
Next Earnings Date:Feb 24, 2026
Earnings Call Sentiment Positive
McBride plc has shown strong financial and operational performance with significant improvements in EBITDA, cash generation, and market penetration. The company successfully reinstated its dividend and is progressing well with its strategic transformation initiatives. However, challenges remain with revenue declines in actual terms and ongoing cost pressures in a competitive market.
Q4-2025 Updates
Positive Updates
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.
Negative Updates
Revenue Decline in Actual Terms
Group revenues were down GBP 8.3 million or 0.9% on an actual basis due to currency impacts and lower selling prices, despite volume growth.
Cost Pressures
Inflation remains prevalent, leading to increased distribution costs and ongoing focus on margin management to sustain profitability.
Competitive Market Challenges
The liquids business experienced slightly weaker margins, declining by just under 1%, and the market for powders is facing a decline.
Company Guidance
During the call, McBride plc provided comprehensive guidance on their financial performance and strategic outlook. The company reported a slight decline in group revenues by GBP 8.3 million or 0.9% on an actual basis for the fiscal year ending June 2025, but a 0.7% increase on a constant currency basis. The CEO, Christopher Ian Smith, highlighted that they have doubled their EBITDA returns and normalized their balance sheet, with a significant reduction in net debt now close to GBP 100 million, surpassing their debt cover target of 1.5x. McBride announced the reinstatement of an annual dividend, recommended at 3p, reflecting their confidence in sustaining high profit margins amid a competitive market. The company also outlined their transformation program, which aims to deliver GBP 50 million in cumulative net benefits over five years, and reported a 4.3% volume growth, driven by new contract manufacturing volumes and private label expansion. Despite challenges from cost pressures, McBride maintained an EBITDA margin of 9.3% and demonstrated strong cash flow generation with GBP 93.9 million free cash flow, positioning them for future growth and investment opportunities.

McBride Financial Statement Overview

Summary
McBride's financial performance shows a stable position with improved profitability margins and cash flow generation. However, high leverage and inconsistent revenue growth pose challenges. Continued focus on operational efficiency and debt management is crucial.
Income Statement
65
Positive
McBride's income statement shows a mixed performance. The gross profit margin has improved over the years, indicating efficient cost management. However, the net profit margin remains low, reflecting challenges in translating revenue into profit. Revenue growth has been inconsistent, with a recent decline, suggesting potential market challenges or competitive pressures. EBIT and EBITDA margins are stable but not particularly strong, indicating room for operational efficiency improvements.
Balance Sheet
58
Neutral
The balance sheet reveals a high debt-to-equity ratio, which poses a risk of financial leverage. However, the company has shown improvement in return on equity, indicating better utilization of shareholder funds. The equity ratio is moderate, suggesting a balanced asset structure, but the high leverage remains a concern for financial stability.
Cash Flow
70
Positive
Cash flow analysis shows positive trends, with a significant improvement in free cash flow growth, indicating better cash management. The operating cash flow to net income ratio is healthy, suggesting good cash conversion from earnings. However, the free cash flow to net income ratio indicates that not all earnings are translating into free cash flow, which could impact future investments or debt repayments.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue926.50M926.50M934.80M889.00M678.30M682.30M
Gross Profit342.10M342.10M347.90M261.20M188.20M234.60M
EBITDA76.10M76.10M80.60M20.80M-7.60M39.10M
Net Income33.20M33.20M33.30M-11.50M-24.00M13.40M
Balance Sheet
Total Assets505.30M505.30M476.60M470.30M466.10M431.80M
Cash, Cash Equivalents and Short-Term Investments34.20M34.20M9.30M1.60M4.50M24.90M
Total Debt139.40M139.40M140.80M168.10M168.90M143.30M
Total Liabilities411.00M411.00M413.20M433.20M409.10M362.00M
Stockholders Equity94.30M94.30M63.40M37.10M57.00M69.80M
Cash Flow
Free Cash Flow43.10M43.10M39.60M-900.00K-46.30M-9.20M
Operating Cash Flow63.10M63.10M59.20M11.10M-32.00M14.60M
Investing Cash Flow-30.00M-30.00M-18.50M-11.60M-7.80M-19.80M
Financing Cash Flow-8.80M-8.80M-33.20M-1.70M19.50M-12.90M

McBride Technical Analysis

Technical Analysis Sentiment
Negative
Last Price111.80
Price Trends
50DMA
116.87
Negative
100DMA
121.70
Negative
200DMA
131.17
Negative
Market Momentum
MACD
-1.86
Positive
RSI
40.44
Neutral
STOCH
23.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MCB, the sentiment is Negative. The current price of 111.8 is below the 20-day moving average (MA) of 115.53, below the 50-day MA of 116.87, and below the 200-day MA of 131.17, indicating a bearish trend. The MACD of -1.86 indicates Positive momentum. The RSI at 40.44 is Neutral, neither overbought nor oversold. The STOCH value of 23.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:MCB.

McBride Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
£20.56M8.3810.60%3.39%1.64%
69
Neutral
£181.77M11.3525.14%5.54%6.38%-10.55%
66
Neutral
£198.64M5.8242.11%2.67%-0.89%1.30%
65
Neutral
£172.50M9.6215.19%5.70%19.01%-15.21%
62
Neutral
$20.33B14.63-3.31%3.23%1.93%-12.26%
56
Neutral
£52.35M-6.61%-13.84%76.47%
49
Neutral
£286.09M-49.42-2.51%5.28%-2.67%89.86%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:MCB
McBride
112.40
11.04
10.89%
GB:CRL
Creightons
28.00
-7.70
-21.57%
GB:WINE
Naked Wines plc
72.80
18.15
33.21%
GB:PZC
PZ Cussons
68.20
-7.66
-10.10%
GB:W7L
Warpaint London
208.00
-302.33
-59.24%
GB:KITW
Kitwave Group PLC
207.00
-107.49
-34.18%

McBride Corporate Events

Business Operations and StrategyExecutive/Board Changes
McBride Executives Sell Shares to Cover Tax Liabilities
Neutral
Oct 23, 2025

McBride plc, a company involved in the manufacture and distribution of household and personal care products, announced the sale of shares by key managerial personnel. This sale was in connection with the vesting of share awards under the company’s 2020 Restricted Share Unit Plan and 2014 Long-Term Incentive Plan. The shares were sold by several executives, including the CEO and CFO, to cover tax liabilities resulting from these awards. This transaction reflects the company’s ongoing management of executive compensation and its implications for shareholder equity.

The most recent analyst rating on (GB:MCB) stock is a Buy with a £135.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.

Business Operations and StrategyDelistings and Listing Changes
McBride plc Announces New Share Listing to Support Employee Awards
Neutral
Oct 22, 2025

McBride plc has announced its application for the listing of 4,502,575 new ordinary shares on the London Stock Exchange. These shares are being issued to fulfill employee share awards granted in 2022, and the company plans to provide a loan to Apex Group Fiduciary Services Limited to purchase shares sold by employees to cover tax liabilities. This move is part of McBride’s strategy to manage share awards and maintain transparency in shareholder interests.

The most recent analyst rating on (GB:MCB) stock is a Buy with a £135.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.

Executive/Board Changes
McBride Announces Vesting of Executive Share Awards
Neutral
Oct 17, 2025

McBride plc has announced the vesting of awards under its 2020 Restricted Share Unit Plan and 2014 Long Term Incentive Plan for several key executives. This vesting of shares is part of the company’s compensation strategy for its management team, potentially impacting the company’s stock distribution and aligning the interests of its executives with shareholders.

The most recent analyst rating on (GB:MCB) stock is a Buy with a £135.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.

Financial DisclosuresShareholder Meetings
McBride PLC Publishes 2025 Annual Report and Schedules AGM
Neutral
Oct 2, 2025

McBride PLC has released its Annual Report and Accounts for the year ending 30 June 2025, along with the Notice of Annual General Meeting (AGM) and Proxy Form. These documents are available on the company’s website and have been submitted to the UK Listing Authority for inspection. The AGM is scheduled for 20 November 2025 in Manchester, reflecting the company’s commitment to transparency and shareholder engagement.

The most recent analyst rating on (GB:MCB) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.

Business Operations and StrategyDelistings and Listing Changes
McBride Announces Redemption of B Shares
Neutral
Sep 24, 2025

McBride plc has announced an offer to redeem its non-cumulative, redeemable preference shares, known as B Shares, at their nominal value of 0.1 pence each. The redemption period will run from October 1 to November 7, 2025, allowing B Shareholders to redeem their shares along with any accrued dividends. This move is part of McBride’s strategic financial management, potentially impacting shareholder value and the company’s financial structure.

The most recent analyst rating on (GB:MCB) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.

McBride plc Earnings Call: Strong Growth Amid Challenges
Sep 20, 2025

McBride plc’s recent earnings call painted a picture of robust financial health and strategic progress, despite some ongoing challenges. The sentiment expressed during the call was largely positive, highlighting significant improvements in EBITDA, cash generation, and market penetration. The company is making strides in its strategic transformation initiatives and has even reinstated its dividend. However, there are hurdles to overcome, such as revenue declines in actual terms and persistent cost pressures in a competitive market.

Business Operations and StrategyExecutive/Board Changes
McBride plc Announces Managerial Incentive Awards
Positive
Sep 19, 2025

McBride plc, a company operating in the consumer goods sector, has announced the grant of awards under its 2023 Long-Term Incentive Plan, 2020 Restricted Share Unit Plan, and 2020 Deferred Annual Bonus Plan to key managerial personnel. These awards, which include shares that will vest over a three-year period, are part of McBride’s strategy to align management incentives with company performance, potentially impacting its market positioning by strengthening leadership commitment and stakeholder confidence.

The most recent analyst rating on (GB:MCB) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.

Stock BuybackDividendsPrivate Placements and Financing
McBride PLC Announces Dividend Resumption Following Refinancing
Positive
Sep 18, 2025

McBride PLC has announced a correction to the ex-dividend date in their recent Final Results announcement. The company has lifted the block on shareholder distributions following the refinancing of its revolving credit facility, allowing it to restore dividend payments and consider share buy-backs. The Board recommends a final dividend of 3.0 pence per share for the year ending June 2025, pending shareholder approval at the upcoming AGM. If approved, the dividend will be paid on November 28, 2025, to shareholders registered by October 31, 2025, with shares marked ex-dividend on October 30, 2025.

The most recent analyst rating on (GB:MCB) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.

Business Operations and StrategyDividendsFinancial Disclosures
McBride Reports Strong Financial Performance and Reinstates Dividend
Positive
Sep 17, 2025

McBride reported strong financial results for the year ending June 2025, with a reinstated dividend reflecting sustained profitability and a normalized balance sheet. The company achieved significant growth in strategic markets, particularly in Germany and laundry, and improved customer service levels. A reduction in net debt and the success of its transformation program further highlight McBride’s strengthened financial position, enabling continued investment and growth. The company secured new long-term contracts, contributing to a 48.9% increase in contract manufacturing volumes, and maintained high market share in private labels. These developments underscore McBride’s confidence in its future trajectory and commitment to delivering long-term shareholder value.

The most recent analyst rating on (GB:MCB) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
McBride PLC Announces Investor Webinar Following Preliminary Results
Neutral
Sep 5, 2025

McBride PLC has announced an investor webinar scheduled for September 18, 2025, following the release of its preliminary results for the year ending June 30, 2025. The webinar, hosted by CEO Chris Smith and CFO Mark Strickland, is open to current and potential shareholders, providing an opportunity to discuss the company’s performance and future outlook. This event underscores McBride’s commitment to transparency and engagement with its stakeholders, potentially influencing investor confidence and market positioning.

The most recent analyst rating on (GB:MCB) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 30, 2025