McBride PLC Investor Day and Site Visits (5756S)
October 03 2017 - 9:30AM
UK Regulatory
TIDMMCB
RNS Number : 5756S
McBride PLC
03 October 2017
3 October 2017
McBride plc
Investor Day and Site Visits
McBride plc ("McBride" or the "Company"), the leading European
manufacturer and supplier of Co-manufactured and Private Label
products for the Household and Personal Care market, will host an
Investor Day in London today at which it will outline the key
aspects of the "Prepare" and "Grow" phases of its strategy.
Rik De Vos, Chief Executive Officer of McBride plc, will
reiterate the timelines for the Group's "Repair, Prepare, Grow"
strategy and the ambition for the business to operate at EBITA
margins of 7.5% and ROCE in the range of 25% to 30%.
The only new financial information provided today is the
expectation for Group revenues to grow at a compound annual growth
rate of between 2.0% and 2.5% in the four year period to 2021.The
presentation is available via the Company's website
(www.mcbride.co.uk/investors).
McBride will also host site visits to its facilities in
Manchester, UK, and Estaimpuis, Belgium, on 10 October 2017.
For further information please contact:
McBride plc 0161 203 7570
Rik De Vos, Chief Executive
Officer
Chris Smith, Chief Financial
Officer
FTI Consulting 020 3727 1017
Ed Bridges, Nick Hasell
-Ends-
This information is provided by RNS
The company news service from the London Stock Exchange
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