13
March 2024
McBride plc
Capital Markets
Day
McBride plc ('McBride' or the
'Group'), the leading European manufacturer and supplier of private
label and contract manufactured products for the domestic and
professional cleaning and hygiene markets, is today hosting a
Capital Markets Day for investors, lenders and analysts at 11.00 am
GMT. The event will be held in person at the offices of Instinctif,
65 Gresham Street, London EC2V 7NQ.
The event will include presentations
from Chris Smith, Chief Executive Officer, and Mark Strickland,
Chief Financial Officer, alongside Divisional Managing Directors
and the Chief Transformation Officer. The presentations will
cover:
· The
growth of the private label household market and McBride's share
gains within this market;
· An
overview of performance against the Compass strategy by each of the
divisions (Liquids, Unit Dosing, Powders, Aerosols and Asia
Pacific);
· The
transformation programme;
· McBride's financial performance, progress and
targets.
As part of the event, the leadership
team will set out further details on its growth strategy and key
objectives for the next five years which include:
· Revenue growth of 2% per annum
· EBITDA
of >10% of sales
· Net
debt below 1.5x EBITDA
· >25% ROCE
The presentation will be followed by
an opportunity to ask questions of the presenters and the wider
management team.
The presentation materials will be
available on McBride's corporate website before the event
and a recording of the event will be made
available shortly afterwards. Both can be accessed at
https://www.mcbride.co.uk.
No new material trading information
will be disclosed at the event.
|
McBride plc
|
0161 203 7401
|
|
Chris Smith, Chief Executive
Officer
|
|
|
Mark Strickland, Chief Financial
Officer
|
|
|
|
|
|
Instinctif Partners
|
0207 457 2020
|
|
Guy Scarborough
Vivian Lai
|
|
