Profits fall by more than £4m at Manchester personal care products maker
Profits have fallen by more than £4m at Manchester based personal care products manufacturer McBride.
The company, which has its headquarters in Middleton, saw a nine per cent increase in revenues to £689.8m but adjusted operating profit fell by £4.3m to £37.7m.
The drop has been blamed in an increase in the cost of raw materials and transport.
The company had operating profits of £31.8m compared to £40.3m last year after adjustment for items of £5.9m.
Adjusted profits before tax from continuing operations were £33... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
