McBride – anticipates adjusted operating profit in line with expectation, but is that any real comfort?
By Steve Moore | Thursday 14 July 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Cleaning and hygiene products private label and contract manufacturer McBride (MCB) has announced “revenue grew by 13.4% in the second half… anticipates that adjusted operating profit will be in line with current market consensus (*)” and the shares are currently 6% higher to 17.6p. Good news then?
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