McBride fights off currency pressures with £36.4m profits
McBride, the manufacturer of personal care, skincare and toiletry products for retailers, has successfully fought currency pressures with adjusted pre-tax profits up by nearly 18% to £36.4m.
Year-end results to June 30 show the Middleton, Greater Manchester company’s revenue grew by almost 4% to £705m as the company continued its “repair, prepare and grow” strategy.
The company said the turnaround in business of its PCA Asia business was progressing although “conditions for PCA Europe remain challenging”.
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