McBride’s upbeat AGM trading update, released yesterday, signalled a continuation of the group’s sustained improvement in profitability and cash generation. With trading for FY26E reported to be in line with expectations, the Board has taken a confident step in announcing a £20m share buyback programme, complementing the reinstatement of a 3.0p dividend, as previously announced. Leaving forecasts unchanged, we view a third consecutive year at materially higher margins as a strong testament to th ....
