McBride on track for full year despite dip in interim profit

(Sharecast News) - Cleaning products maker McBride said on Tuesday that it was on track to meet full-year targets despite a dip in interim profit. In the six months to the end of December 2025, adjusted operating profit nudged 0.5% lower to £31.5m, while pre-tax profit was down 2.7% at £23m.

Revenue rose 0.8% to £475.2m, with private label volumes up 0.9% year-on-year, and contract manufacturing volumes up 1.4%, while branded volumes declined.

"Despite the backdrop of underlying inflation, profitability levels have been maintained through a combination of volume growth, effective product engineering, operational improvements and overhead cost control," the company said.

McBride said it expects good momentum in the second half, driven by a healthy pipeline of new contract wins beginning deliveries in the next six months. This will provide "a solid foundation" for growth in the financial year 2027, it said.

The company said it was on track to meet analysts' expectations for full‑year adjusted operating profit of £64.7m.

Chief executive Chris Smith said: "Our markets continue to see private label growth ensuring resilient demand for our leading, high-quality and excellent value products and expertise.

"During the period, we continued to deepen our customer partnerships and have secured a healthy pipeline of new contracts due to start in the second half, providing visibility and positive momentum for the rest of the year and into next year."