Finance

UK's McBride plans to restart dividends after upbeat profit outlook

Published by Global Banking and Finance Review

Posted on January 17, 2025

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(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)

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