McBride PLC
17 December 2003
17 December 2003
McBride PLC
Pre-close statement
McBride plc ('the Group'), Europe's leading supplier of household and personal
care retailer brand products, herewith provides an update on current trading
prior to entering its Close Period.
Mike Handley, Chief Executive, said:
'We are pleased to announce that, in the year to date, sales and trading are
in-line with expectations driven by continued growth in Continental Europe and
by stable sales in the UK. Sales growth, combined with operational
improvements, will result in an increase in profits over last year.
Improved profits, and continued control of costs and working capital are likely
to result in net debt at 31 December 2003 being approximately £45m (June 2003,
£61.1m).'
The Interim Results for the six months ending 31 December 2003 will be announced
on 12 February 2004.
For further information: Mike Handley, Chief Executive
Miles Roberts, Finance Director
McBride plc
01494 607050
Andrew Dowler
Financial Dynamics
020 7831 3113
This information is provided by RNS
The company news service from the London Stock Exchange
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