McBride PLC
02 December 2002
AGM Statement
McBride plc (the 'Group') will today, at its AGM, report on current trading.
The Interim Results for the half year ending 31 December 2002 will be announced
in February 2003.
As foreshadowed in the announcement on 18 September 2002, McBride is pleased to
report that in the financial year to date sales have grown in Continental Europe
and are stable in the UK. The Group continues to focus on tight cost control.
The aerosol products joint venture, following its restructuring in June 2002,
has also traded in line with expectations.
Cash generation has been particularly strong with net debt of £84m currently
versus £95m at June 2002.
-End-
For further information:
McBride plc
M Handley 01494 607053
M Roberts 01494 607050
Financial Dynamics
Fiona Meiklejohn or Andrew Dowler 020 7831 3113
This information is provided by RNS
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