20 October 2015

McBride plc

AGM Trading Update

McBride plc, the leading European manufacturer and supplier of Co-manufactured and Private Label products for the Household and Personal Care market which today holds its 2015 Annual General Meeting, provides the following trading update for the period from 1 July 2015 to 30 September 2015.

The first quarter trading performance of the Group was in line with the Board's expectations.  The Group has made a solid start to the year, with Group revenues at constant currency slightly ahead of the same period last financial year. 

The Group has commenced the implementation of the strategy as outlined in September alongside the full year results. 

There have been no material events or changes in the financial position of the Group since 1 July 2015.

Rik De Vos, Chief Executive said;

"We continue to deliver the restructuring projects established in the past two years and we are now embarking on the key early actions in the "Repair, Prepare, Grow" strategy.  It is encouraging to see the engagement of the wider McBride team with the key initiatives that are now underway."

-Ends-