Pre Close Statement

McBride PLC 06 July 2006 6 July 2006 McBride plc PRE CLOSE STATEMENT McBride plc ('the Group'), Europe's leading provider of private label household and personal care products, today provides an update on trading prior to entering its close period. Trading in the second half of the financial year has been as expected. Accordingly, the Group anticipates reporting financial results for the year ended 30 June 2006 in line with market expectations; turnover was slightly above last year with growth in the UK and flat sales in Continental Europe. The overall Group operating profit margin for the year (before exceptional items) was in line with the first half. Net debt at 30 June 2006 was approximately £29m. The market environment continues to be challenging, mainly due to the impact of higher input costs. The efficiency improvements and cost savings announced earlier in the year provide mitigation, but these conditions are likely to restrain margin improvement in the forthcoming year. Miles Roberts, Chief Executive, said: 'McBride's performance demonstrates considerable resilience in a challenging environment. The actions we have taken earlier in the year to restructure and re-organise the Continental European division, combined with our strong balance sheet and proven business model, provide the basis for both organic and inorganic growth.' The Group intends to announce its preliminary results for the year ended 30 June 2006 on 7 September 2006. For further information please contact: McBride plc Bob Beveridge, Group Finance Director Office 01494 607051 Mobile 07876593182 Miles Roberts, Chief Executive Office 01494607050 Financial Dynamics Andrew Dowler 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange

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Mcbride (MCB)
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