Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
McBride PLC - Manchester-based manufacturing company - Records revenue growth of 2.9% at constant currency for the financial year that ended June 30. Explains that revenue grew 13% on the same basis in the second half, which offset a 6.6% decline in the first half. Notes that the negative impact of input cost inflation and supply chain disruptions exacerbated through the Ukraine war was offset through pricing actions. Anticipates full-year adjusted operating profit to be in line with the current market consensus. Says liquidity was roughly £70 million as at June 30. Net debt closes at roughly £168 million on June 30, up 42% from £118.4 million.
Current stock price: 17.64 pence, up 6.3% on Thursday
12-month change: down 80%
Copyright 2022 Alliance News Limited. All Rights Reserved.