Archive of all McBride articles
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NewsCity snapshot: Kerry completes transformation into ingredients player with €500m sale of Irish dairy operation
Kerry Group has agreed to sell its Irish dairy operation to Kerry Co-Operative Creameries for €500m (£415m) in a move that completes its transformation into a pure play ingredients company. Plus, the latest Kantar supermarket data, a trading update from McBride and half-year results from Cake Box
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NewsCity snapshot: THG explores Ingenuity demerger
Ecommerce giant THG is weighing up a demerger of its Ingenuity platform to help strengthen its balance sheet and reinvigorate the embattled stock. Plus, Mcbride reports full-year results, with better-than-expected profits
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NewsCity snapshot: McBride ups guidance after strong end to the year
Shares in household goods manufacturer McBride have jumped this morning after it confirmed it had moved back into profitability in the current financial year
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NewsCity snapshot: Nestlé first quarter volumes slip back as price hikes near 10%
Nestlé has reported organic growth of over 9% despite a dip in sales volumes. Plus ABF margins hit by cost inflation, Ocado to shut CFC, trading improves at McBride and all the rest of the latest news from the City
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NewsHousehold goods player McBride points to further price hikes as it cuts losses
Private label househole goods manufacturer McBride said it had delivered a first half performance in line with its business recovery plan, despite facing a further spike in costs in the period
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NewsMcBride shares rally as it strikes agreement with lender amid early signs of recovery
CFO Mark Strickland said the amended financing agreement was “an excellent outcome” following a “very difficult” trading period that provided the group with funding certainty as its propsects recover.
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Analysis & FeaturesShare price slump: who has struggled the most in food and drink?
It’s been a turbulent six months on the Stock Exchange. So who’s struggled the most? Who’s least affected? And is there any stock actually still growing?
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NewsCity snapshot: McBride widens loss forecast on input costs spike
Private label household goods manufacturer McBride has downgraded earnings expectations due to ’very significant’ inflationary pressures outpacing its price increases. Plus, Domino’s Pizza Group strikes new franchisee agreement and M&S agrees new green funding package.
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NewsCity News: McBride issues major profit warning as costs mount
The private-label cleaning goods producer downgraded its full-year profit expectations by up to 65% on Thursday
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NewsCity snapshot: McBride issues profits warning on rising costs
Household goods manufacturer McBride has slashed its earnings expectations by up to 65% as mounting input and transportation costs hit its bottom line.
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NewsCity Snapshot: McBride boosted by cleaning products demand spike
Household goods manufacturer McBride has seen an uplift in sales and profits in the second half of the year as the coronavirus outbreak continues to boost the sale of cleaning products
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NewsCity snapshot: McBride profits slump amid weak second quarter
Private label household goods manufacturer McBride has announced a slump in first half sale and profits after a weak second quarter amid “difficult” market conditions.
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NewsCity snapshot: McBride issues profits warning on UK weakness
Private label household goods manufacturer McBride has issued another profits warning on weaker than expected trading in the UK.
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NewsMcBride profits drop 23% amid ‘difficult trading conditions’
Private label household goods manufacturer McBride has posted a 23% drop in full year adjusted operating profits as performance fell short of its ambitions amid “difficult trading conditions”.
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NewsMcBride sells personal care business and issues profits warning
Own label household goods manufacturer McBride has agreed a £12.5m sale of its European personal care liquids business and issued a profits warning on weaker than expected early summer sales.
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NewsMcBride bounces back from bruising price war
Own-label supplier McBride was an early victim of the supermarket price wars as heavy branded discounting squeezed sales, but the household goods supplier appears on the way back.
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NewsMcBride swoops for £10.8m Danish firm Danlind
Private label household goods manufacturer McBride has bought Danish dish-wash and laundry products firm Danlind for a cash consideration of £10.8m.
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NewsMcBride refinances debt to cut costs by £2m a year
Private label consumer goods manufacturer McBride (MCB) has refinanced its existing banking facilities to buy back previously issued bonds and support its “Repair, Prepare, Grow” strategy.
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NewsCity snapshot: McBride "encouraged" by first quarter progress
Household goods manufacturer McBride has updated the market ahead of its AGM today on an “encouraging” start to its financial year. Plus board changes at Stock Spirits
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NewsCity News: McBride emerges from bruising price war
The City was given renewed optimism about own-label household goods maker McBride this week…