Trading Statement

McBride PLC 06 July 2004 6th July 2004 McBride plc Pre-close statement for year ended 30 June 2004 McBride plc, Europe's leading supplier of household and personal care retailer brand products, herewith provides an update on current trading prior to entering its closed period. Overall sales growth, combined with further operational initiatives, continue to produce a satisfactory improvement in profitability, in line with expectations. The closure of the factory in Breda, The Netherlands, announced on 23 April 2004 is progressing smoothly and according to plan. Cash generation remains strong and net debt at the end of June was approximately £33m, well down on the £61.1m reported for the end of last year. In view of the continued improvement in profitability and cash generation, the Board anticipates recommending a final dividend of 2.8p per share, materially ahead of consensus forecasts of 2.4p. This would represent an increase of 38 per cent in the full year's dividend at 4.0 p per share. The Preliminary Results Announcement for the year ending 30th June 2004 will be made on September 9th 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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Mcbride (MCB)
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