Manchester-based cleaning products firm McBride plc said its full year adjusted operating profit is “expected to be in line with both analysts’ expectations and the prior two financial years.”

McBride said current analysts’ expectations refer to a group compiled consensus for adjusted operating profit for FY26 of £64 million.

McBride is a leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets.

In a trading update for the six months ended December 31, 2025, McBride said: “The Group continues to maintain and build on the significant improvement in financial performance achieved in recent years with its full year adjusted operating profit expected to be in line with both analysts’ expectations and the prior two financial years.

“Whilst first half adjusted operating profit will be slightly behind the particularly strong performance of the prior year period, the Group anticipates the second half to be favourable compared to prior year, driven by a pipeline of confirmed business wins to be launched in the second half, which in turn will continue to provide a solid foundation for profit growth in the financial years 2027 and 2028.

“Group revenue was 0.8% higher at reported rates with volumes growing by 0.4%. Overall demand for private label products remains strong with Private Label Household share of the top 5 markets remaining at recent highs.

“Profitability levels have been maintained through a combination of product engineering, operational improvements and overhead cost control.

“Net debt closed the period at £120.6m (£105.2m at 30 June 2025) and on a 12-month trailing EBITDA basis, net debt cover was circa 1.4x (30 June 2025: 1.2x). During the period a total of £12.9m was spent on shareholder returns, comprising dividend payments of £5.2m, a share buy-back programme of £1.3m together with £6.4m share purchases by the Employee Benefit Trust to prevent future equity dilution on incentive awards.”