Mcbride Plc · LSE:MCB
Mcbride — Mcbride Plc Ord — H1 FY26 Earnings Presentation
22 slides from Mcbride's earnings presentation, Feb 26, 2026
Slide 1: FY26 Half-Year Results
— (McBride everyday cleaning products, expertly made McBride pic 24 February 2026
Slide 2: Agenda
— Agenda (McBride Headlines Our speakers today Pages 3 to 4 Business Progress Pages 5 to 10 Financial Review Pages 11 to 19 Outlook Pages 20 to 21 Chris Smith Mark Strickland Q&A Chief Executive Officer Chief Financial Officer mK WN Page 22 McBride ple | FY26 Half-Year Results | 24 February 2026 eve
Slide 3: 1. Headlines
Slide 4: Headlines
Headlines On track for full-year targets; operational performance improvement; significant deployment of capital benefiting shareholders * Third consecutive year of profitability levels * Operational improvements and tight in line with strategic ambition management of costs + Private label market sh
Slide 5: 2. Business Progress
—_ (McBride 2. Business Progress McBride ple | FY26 Hallf-Ye
Slide 6: Performance Against CMD Ambitions
Performance Against CMD Ambitions (McBride * CAGR FY24 to H1 FY26 of 4.5% * Underpinned by: Total volume v Progress in laundry growth 5.7% 4.3% 0.4% vy Strong presence in Germany vy Contract manufacturing growth Adjusted EBITDA margin 9.3% 9.5% 8.8% Net debt cover 15x 12x 1.4x + Investment in shareh
Slide 7: Household Market Overview
Household Market Overview @LIEEVI ——. (McBride Private label market share grows further, extending beyond recent all-time highs Market volume and private label share progression Jun Sep Dec Mar Jun Sep (Dec Mar Jun Sep (Dec Mar Jun nou im mm et WU Hts ads GS OM HN OM Bs OS OS US I Brands volumes Ill
Slide 8: Divisional Highlights
Divisional Highlights Liquids Strategic focus: cost leadership * Contract manufacturing growth + Private label volumes stabilising in key markets + Improved management of overhead costs, offsetting modest raw material cost rises * Capacity and format investments Powders Strategic focus: cost leaders
Slide 9: Transformation Programme
Transformation Programme — (McBride Some programmes now complete; £50m net benefits” delivery still on track Operating Systems Excellence (SAP S/4HANA) + Successful Wave 1 go live in November 2025 in the UK, ‘Global Template’ proved * Positive lessons learned, including early warehouse challenges *
Slide 10: Shareholder Returns
— Shareholder Returns (McBride Capital allocation policy carefully balancing immediate shareholder returns with medium-term growth Dividend distribution - £5.2m Share price monthly trend in H1 FY26 + Final dividend for FY25 of 3.0p per ordinary share paid in the period = 16s Share buyback programme
Slide 11: 3. Financial Review
3. Financial Review McBride pic | FY26 Half-Year Results | 24 February 2026 everyday cleaning products, expertly made n
Slide 12: Financial Highlights
Financial Highlights — (McBride Operational improvements and tight management of overhead costs offsetting some margin pressures £m unless otherwise stated Revenue Adjusted operating profit Adjusted operating profit margin Adjusted EBITDA Adjusted EBITDA margin Adjusted profit before taxation Adjust
Slide 13: Financial Performance
— Financial Performance (McBride Increased performance levels sustained Revenue growth vs H1 FY25 Actual Constant FX £475.2m ot cox G8) Gx . Liquids 0O1 0.0% (7.6) (2.7)% +£3.8m/+0.8% Unit Dosing (2.4) (2.0)% (61) (5.0)% Revenue Powders 09 2.0% (0.6) 1.3)% Aerosols 5.2 18.1% 41 13.8% tT Asia Pacific
Slide 14: Divisions - Liquids
Divisions - Liquids ——~ (McBride Liquids Market position maintained despite tough competitive landscape + Private label volumes stabilised in most key markets; slight decline in France offset by growth in contract manufacturing * Some limited impact of SAP S/4HANA go live in November and December in
Slide 15: Divisions - Unit Dosing
Divisions - Unit Dosing (McBride Unit Dosing Profit growth driven by efficiency gains, automation and disciplined cost control * H1FY26 volumes weaker due to contract manufacturing ese a £15.7m —£12.5m ositive year-on-year growth outlook for . Mm . Expansion of soft pod portfolio on track Reduction
Slide 16: Divisions - Powders
Divisions - Powders ——s (cBride Powders Building on private label contract wins from prior year whilst managing cost base * Revenue impacted by delays in contract launches, product mix changes and UK demand allocation * Margins protected through cost control, operational efficiency and cost engineer
Slide 17: Divisions - Aerosols & Asia Pacific
Divisions - Aerosols & Asia Pacific * Revenue growth supported by significant contract wins in Germany and personal care product launches * Volume growth on track to meet medium-term target * Capacity investment completing in H2 FY26 £2.1m Adjusted operating profit £33.9mM Revenue Performance agains
Slide 18: Costs
Costs Continued focus on cost control Input costs 2 3 G4 GI G2 G3 G4 GI G2 G3 C4 GI G2 G3 G4 aI G2 G3 as aI a2 FY21 FY21 FY21 FY22 FY22 FY22 FY22 FY23 FY23 FY23 FYZ3 FY24 FY24 FY24 FY24 FY2S FY25 FY2S FY2S FY26 FY26 §@ Q2FY2Icost base ll Raw materials inflation [lJ Labour inflation ll All other infl
Slide 19: Other Financials
Other Financials ——s, (McBride Strong investment in short-term and long-term shareholder returns Others Interest * Interest paid £3.7m (H1 FY25: £3.5m) + Interest cover 8.5x (FY25: 8.5x) Exceptionals + Exceptional costs £2.4m * Costs relating to ERP integration and an ongoing Group-wide review of gr
Slide 20: 4. Outlook
r i> 4. Outlook McBride pic | FY26 Half-Year Results | 24 February 2026 everyday cleaning products, expertly made 20
Slide 21: Outlook
Outlook —“- (McBride Good momentum expected in H2 FY26 leading to positive outlook for FY27 + H2 started in line with expectations + Healthy pipeline of contract wins set to launch in H2 * Market share for private label overall still growing + Material costs expected to remain flat and overhead cost
Slide 22: Q&A
McBride ple | FY26 Half-Year Results | 24 February 2026 everyday cleaning products, expertly made 22