McBride Full-Year Profit Falls to £59 Million on Middle East Cost Inflation

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McBride plc reported a resilient but inflation-pressured full-year performance for the year ended June 30, 2026, with adjusted operating profit falling £7.1 million year over year to £59 million even as revenue rose £7.7 million, or 0.8%, according to Chief Financial Officer Mark Strickland. Chief Executive Officer Chris Smith said a 12.2% jump in raw-material and packaging costs over two months in the final quarter, linked to the Middle East crisis, cut full-year profit by about £6 million; without that effect adjusted operating profit would have been about £65 million. The company completed its acquisition of tablet manufacturer Eurotab on July 1 for net consideration of €32.8 million, a deal expected to add roughly €65 million in annual revenue, and announced a five- to eight-year manufacturing agreement with Vestacy, formerly Reckitt Benckiser's Essential Home business, that is expected to add about £170 million in revenue by the second half of fiscal 2028 and lift contract manufacturing above 25% of group sales. Private-label volume share across the five largest European economies rose one percentage point to 36.7% for the 12 months through June 2026, and the transformation program delivered £15.3 million in cumulative net benefits toward a £50 million target by fiscal 2028. Net debt rose to £122.8 million, liquidity stood at £167.6 million, and the board recommended a 3.1 pence-per-share dividend for fiscal 2026, subject to shareholder approval.

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