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Private-Label Household And Personal Care Maker McBride Reports Lower Revenue For FY 2013

September 3, 2013: 12:00 AM EST
Private-label household and personal care manufacturer McBride PLC reported revenue fell 5 percent at constant rate for its fiscal year ending June 30, 2013. Product launch program in the second half of the year, however, was successfully implemented, the company said. This enabled the company to grow private label revenue by 2 percent in the second half, reversing the 2 percent decline in the first half. Adjusted operating profit declined 19 percent, while net cash generated from operations was £39.3 million.
"McBride Preliminary Results (Press Release)", McBride, September 03, 2013, © McBride Plc
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