This morning’s FY25 trading update from McBride reflects a continuation of solid trading for the group, with operating profit reported to be in line with expectations, consolidating the strong turnaround seen in FY24. Revenue for the year was 0.7% higher YoY (CC basis), reflecting a 4.3% increase in volumes, offset by a reduction in pricing. With margins maintained at rebased levels, operating profit is expected to be ca. £62.5m, significantly ahead of results prior to FY24, leading to net debt ....
