Top Companies Report

19. McBride Plc

August 11, 2011


Planet Clean is an eco-friendly product from McBride.

19. McBride Plc

United Kingdom

www.mcbride.co.uk


Sales: $1.2 billion


Key Personnel:

Chris Bull, chief executive officer; Richard Armitage, group finance director; Colin McIntyre, UK divisional managing director; Andrea Barbier, Western Continental Europe, divisional managing director; Gregorz Krol, Central and Eastern Europe divisional managing director; Thibaut Eissautier, group purchasing director; Tim Seaman, strategic development director; Malcolm Allan, group human resources director.


Major Products:

Household care (dish wash, laundry care, household cleaners, air care) and personal care (hair care, baby care, body products, shaving products, oral care and skin care). Brands include Surcare, Clean ‘n Fresh, Oven Pride, Lime Lite, Clean Right, Actiff, Cobra, Bonaria, Isabel Yplon, Avea.


Comments:

When a European shopper picks up a budget or store-brand bathroom cleaner, shampoo or laundry detergent, there’s a good chance McBride is the firm that has made it. This London-based firm is Europe’s leading producer of private label household and personal care products, sporting 20 factories in 11 countries. In fact, according to McBride’s own statistics, it supplies 95% of Europe’s top 50 retailers such as Auchan, Tesco, Carrefour, Aldi, Walmart and Sainsbury. In addition, McBride has a range of its own budget brands including Surcare, Clean n Fresh, Oven Pride and Planet Green, an eco friendly range of household care SKUs.


Household products account for the bulk of McBride’s revenues (80% of sales) with personal care products taking up the remainder. But the latter appears to be a growing part of its plan. In 2010 alone, McBride acquired Fortlab, a Malaysian cosmetics and toiletries firm; Newlane Cosmetics in Vietnam; and Brno, a Czech Republic skin care operation.


Revenues for its fiscal year ended June 30, 2010 increased a modest 2%, and profit after tax attributable to shareholders, before amortization of intangible assets and exceptional items was $52.5 million, up from $36.7 million in 2009. For the first half of its new fiscal year, sales were down 1% to $645 million.

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