Business
AGM and Interim Management Statement
AGM and Interim Management Statement.
About this update from Mcbride Plc
[{"type":"text","content":"\n \nRNS Number : 3604Q McBride PLC 14 October 2013 \n \n\n14th October 2013\n \nMcBride PLC\n \nAGM & Interim Management Statement\n \nMcBride PLC, Europe's leading provider of Private Label Household and Personal Care products, which holds its 2013 Annual General Meeting today, provides its Interim Management Statement for the period from 1 July 2013 to 13 October 2013.\n \nGroup revenue has declined by 3% at constant currency as a consequence of the previously announced wind-down in selected contract manufacturing business that was expected to continue to impact the first half of 2013/14. \n \nRevenue growth in Central and Eastern Europe continued to demonstrate a strong performance. Overall Group Private Label revenue grew by 1%, slightly less than expected due to a further period of branded promotional activity in UK. \n \nAlthough trading in UK continues to be challenging, the combination of our new product launch pipeline together with cost savings expected to be achieved in the current year leaves the Board's expectations for full year performance unchanged.\n \nThere have been no material events or changes in the financial position of the Group since 1 July 2013.\n \n \n\n\n\n\nFor further information please contact:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMcBride plc\n\n\n\n\n\n\n\nChris Bull, Chief Executive\n\n\n020 7822 3902\n\n\n\n\nRichard Armitage, Group Finance Director\n\n\n020 7822 3901\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting\n\n\n\n\n\n\n\nEd Bridges, Nick Hasell\n\n\n020 7831 3113\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END IMSFMMMGKMVGFZM\n ","length":4290,"tagName":"div"}]