Finance
UK's McBride plans to restart dividends after upbeat profit outlook
Published by Global Banking and Finance Review
Posted on January 17, 2025
1 min readLast updated: January 27, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 17, 2025
1 min readLast updated: January 27, 2026
McBride plans to restart dividends after forecasting an 8% rise in first-half profits, driven by new client contracts and increased manufacturing volumes.
(Reuters) - British cleaning products maker McBride said on Friday it expects first-half adjusted operating profit to be about 8% ahead of last year, driven by higher manufacturing volumes from new fast-moving consumer goods client contracts.
The London-listed owner of brands such as 'Clean N Fresh' and 'Oven Pride' also said that it intends to re-instate annual dividends.
(Reporting by Anandita Mehrotra in Bengaluru; Editing by Rashmi Aich)
The main topic is McBride's plan to restart dividends following a positive profit outlook driven by new client contracts.
McBride's profit outlook is positive due to higher manufacturing volumes from new fast-moving consumer goods client contracts.
McBride owns brands such as 'Clean N Fresh' and 'Oven Pride'.
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