McBride Sees Sales Slump In Second Half, But Full-Year Revenues Rise
Household and cleaning products manufacturer McBride has said that trading in the second half of its financial year was 'marginally weaker than expected', however the business still saw full-year revenues rise.
According to a trading update for the 12 months to 30 June, published ahead of its preliminary results for the year on 5 September, underlying full-year revenues from continuing operations at constant currency were 2.7% higher than the previous year.
'Weak Sales Activity'
However, second-half revenues were 1.7% lower than in the first half, with the UK and France seeing 'weak sales activity' and its East region seeing 'good growth, albeit at a lower rate than seen in the first half year'.
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