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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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Outperform 74 (OpenAI - 4o)
Rating:74Outperform
Price Target:
138.00p
▲(12.38% Upside)
McBride's overall stock score is driven by strong corporate events and earnings call highlights, including strategic initiatives and dividend reinstatement. While financial performance shows areas for improvement, the attractive valuation and positive technical indicators support a favorable outlook.
Positive Factors
Cash Generation
Robust cash generation enhances McBride's ability to invest in growth opportunities and manage debt, supporting long-term financial health.
Strategic Transformation
The strategic transformation program positions McBride for enhanced operational efficiency and competitive advantage, driving sustained growth.
Market Penetration
Strong market penetration and private label expansion indicate McBride's ability to capture market share and drive future revenue growth.
Negative Factors
Revenue Decline
The decline in actual revenue highlights potential challenges in maintaining sales growth, impacting long-term revenue stability.
High Leverage
High leverage poses risks to financial stability, potentially limiting McBride's ability to invest in growth and manage economic downturns.
Cost Pressures
Persistent cost pressures from inflation could erode profit margins, challenging McBride's ability to sustain profitability over time.

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

McBride Business Overview & Revenue Model

Company DescriptionMcBride (MCB) is a leading manufacturer of private label and contract manufactured household and personal care products. Operating primarily in the UK and Europe, the company specializes in producing a wide range of products including cleaning supplies, laundry detergents, and personal care items. With a focus on innovation and sustainability, McBride serves various retail partners by providing tailored solutions that meet customer needs while maintaining high quality standards.
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
Positive
Last Price122.80
Price Trends
50DMA
119.20
Positive
100DMA
118.23
Positive
200DMA
129.95
Negative
Market Momentum
MACD
1.79
Negative
RSI
55.83
Neutral
STOCH
20.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MCB, the sentiment is Positive. The current price of 122.8 is above the 20-day moving average (MA) of 119.50, above the 50-day MA of 119.20, and below the 200-day MA of 129.95, indicating a neutral trend. The MACD of 1.79 indicates Negative momentum. The RSI at 55.83 is Neutral, neither overbought nor oversold. The STOCH value of 20.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
74
Outperform
£214.20M6.3142.11%2.44%-0.89%1.30%
74
Outperform
£181.77M11.3525.14%5.56%6.38%-10.55%
72
Outperform
£20.56M8.389.67%3.02%2.83%
65
Neutral
£175.01M9.7615.19%5.48%19.01%-15.21%
62
Neutral
$20.33B14.63-3.31%3.23%1.93%-12.26%
60
Neutral
£53.64M-6.61%-13.84%76.47%
54
Neutral
£286.09M-49.42-2.51%4.71%-2.67%89.86%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:MCB
McBride
122.80
15.11
14.03%
GB:CRL
Creightons
31.50
-3.02
-8.75%
GB:WINE
Naked Wines plc
74.80
17.60
30.77%
GB:PZC
PZ Cussons
76.40
-9.02
-10.56%
GB:W7L
Warpaint London
207.00
-297.53
-58.97%
GB:KITW
Kitwave Group PLC
209.00
-95.45
-31.35%

McBride Corporate Events

Stock Buyback
McBride PLC Advances Share Buyback Program
Positive
Dec 5, 2025

McBride plc has announced the purchase of 115,971 of its ordinary shares through Investec Bank plc as part of its ongoing share buyback program. This transaction, executed on the London Stock Exchange, will result in the cancellation of these shares, reducing the total number of voting rights to 178,097,149. The buyback is part of a non-discretionary agreement with the broker, aiming to optimize the company’s capital structure and potentially enhance shareholder value.

Stock Buyback
McBride plc Executes Share Buyback and Cancellation
Neutral
Dec 4, 2025

McBride plc has announced the purchase and subsequent cancellation of 87,843 of its ordinary shares as part of its ongoing buyback program. This transaction, conducted through Investec Bank plc on the London Stock Exchange, will adjust the total number of voting rights to 178,213,120, impacting shareholder calculations under the Disclosure and Transparency Rules.

Other
McBride CFO Increases Shareholding
Neutral
Dec 3, 2025

McBride plc announced a transaction involving its Chief Financial Officer, Mark Strickland, who acquired 3,785 ordinary shares of the company at an average price of £1.2625 per share. This purchase increases Strickland’s total holdings to 851,790 shares, and the transaction was conducted on the London Stock Exchange in accordance with the UK Market Abuse Regulation.

Stock Buyback
McBride plc Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 3, 2025

McBride plc has executed a share buyback transaction, purchasing 105,532 ordinary shares at prices ranging from 121.60 to 124.80 pence per share, with a weighted average price of 122.3798 pence. This transaction is part of McBride’s ongoing buyback program, aimed at reducing the number of shares in circulation, which will subsequently be canceled. Following this transaction, McBride will have 178,300,963 ordinary shares in issue, excluding treasury shares, and 594,610,458 non-cumulative redeemable preference shares. The buyback is intended to consolidate the company’s share capital, potentially enhancing shareholder value by increasing the proportion of ownership for remaining shareholders.

Stock Buyback
McBride plc Executes Share Buyback and Cancellation
Neutral
Dec 2, 2025

McBride plc has announced the purchase and subsequent cancellation of 111,367 of its ordinary shares as part of its ongoing share buyback program. This transaction, conducted through Investec Bank plc, will reduce the total number of voting rights in the company to 178,406,495, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

Stock Buyback
McBride plc Initiates £20 Million Share Buyback Programme
Neutral
Dec 1, 2025

McBride plc has announced the launch of a share buyback programme, aiming to purchase up to £20 million worth of ordinary shares. The initiative, starting with a first tranche of £10 million, is structured in two phases involving Investec Bank plc and Peel Hunt LLP as brokers. The programme is designed to reduce the company’s share capital by returning surplus capital to shareholders, with shares purchased under the first tranche to be cancelled. The company will assess the programme’s progress in relation to its financial situation and capital allocation needs, with further strategy updates expected in February 2026.

Delistings and Listing ChangesRegulatory Filings and Compliance
McBride plc Redeems B Shares, Alters Voting Rights
Neutral
Nov 28, 2025

McBride plc announced the redemption and cancellation of 71,277,800 B Shares as part of its B Share Scheme. This action affects the company’s total voting rights, with the number of Ordinary Shares with voting rights now standing at 178,517,862, which is relevant for shareholders calculating their interests under the FCA’s Disclosure and Transparency Rules.

Shareholder MeetingsBusiness Operations and Strategy
McBride plc Announces Successful AGM Resolution Approvals
Positive
Nov 20, 2025

McBride plc announced the successful passage of all resolutions at its Annual General Meeting held on 20 November 2025. The resolutions, which included both ordinary and special resolutions, were approved by the requisite majorities, reflecting strong shareholder support. This outcome signifies a stable governance structure and positions McBride to continue its strategic initiatives, potentially impacting its market operations and stakeholder relations positively.

Stock BuybackBusiness Operations and StrategyFinancial Disclosures
McBride Announces £20m Share Buyback Amidst Strong Financial Performance
Positive
Nov 20, 2025

McBride plc has announced a £20 million share buyback program, reflecting the Board’s belief that the company’s current market capitalization significantly undervalues its true worth. The company continues to perform well financially, with expectations of stable profitability for the third consecutive year. The successful implementation of the SAP S/4 Hana ERP system at key locations and the extension of a €175 million sustainability-linked credit facility further strengthen McBride’s operational and financial position. The Board’s strategy aims to enhance shareholder value, with plans to expand the buyback authorization if the undervaluation persists.

Regulatory Filings and Compliance
McBride plc Updates Total Voting Rights
Neutral
Oct 31, 2025

McBride plc has announced its total voting rights in accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules. The company has 178,559,903 issued ordinary shares, with 178,517,862 carrying voting rights, and 665,888,258 non-cumulative redeemable preference shares that do not carry voting rights. This update allows shareholders to calculate their shareholding interests under the FCA’s rules.

Executive/Board ChangesBusiness Operations and Strategy
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.

Delistings and Listing ChangesBusiness Operations and Strategy
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.

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.

Shareholder MeetingsFinancial Disclosures
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.

Delistings and Listing ChangesBusiness Operations and Strategy
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.

Executive/Board ChangesBusiness Operations and Strategy
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.

Private Placements and FinancingStock BuybackDividends
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.

DividendsBusiness Operations and StrategyFinancial 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.

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: Dec 07, 2025