Business
Capital Markets Day
Capital Markets Day.
About this update from Mcbride Plc
[{"type":"text","content":"\n\n13 March 2024\n \nMcBride plc\n \nCapital Markets Day\n \n \nMcBride 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.\n \nThe 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:\n \n· The growth of the private label household market and McBride's share gains within this market;\n· An overview of performance against the Compass strategy by each of the divisions (Liquids, Unit Dosing, Powders, Aerosols and Asia Pacific);\n· The transformation programme;\n· McBride's financial performance, progress and targets.\n \nAs 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:\n \n· Revenue growth of 2% per annum\n· EBITDA of >10% of sales\n· Net debt below 1.5x EBITDA\n· >25% ROCE\n \nThe presentation will be followed by an opportunity to ask questions of the presenters and the wider management team.\n \nThe 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.\n \nNo new material trading information will be disclosed at the event.\n \n \n\n\n\n\nMcBride plc\n\n\n0161 203 7401\n\n\n\n\nChris Smith, Chief Executive Officer\n\n\n\n\n\n\n\nMark Strickland, Chief Financial Officer\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\nInstinctif Partners\n\n\n0207 457 2020\n\n\n\n\nGuy Scarborough\nVivian Lai\n\n\n\n\n\n\n\n \n\n","length":5719,"tagName":"div"}]