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    Top Companies Report

    29. McBride

    ...

    29. McBride
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    www.mcbride.co.uk

    Sales: $867 million.

    Key Personnel:  John Coleman, chairman; Rik De Vos, chief executive officer; Chris Smith, chief finance officer.

    Major Products: Household and personal care products.

    Comments: Established in 1927, McBride boasts a strong heritage in private label products with development and manufacturing capabilities to customers in the UK, Continental Europe and Asia Pacific. It has 4,000 global employees with 1.2 billion units sold annually.

    The group recently completed the acquisition of the entire share capital of Danlind, a supplier of auto dishwash and laundry products, based in Denmark. The product design won
    the 2018 German Consumer Test Award for best product and immediately gained recognition in the German market.

    The demand for dishwasher tablets continues to grow in the market, and McBride has invested more than £2 million in its Barrow facility to install a line which has the capability to produce more tablets.
    For fiscal 2018, revenues rose 9.0% higher at £689.8 million ($867.2 million), with Danlind adding £48.4 million ($60.9 million) for the nine months following the acquisition.

    In its half year 2019 report, McBride successfully completed the sale of the European Personal Care Liquids business following the disposal of its skin care business in the Czech Republic the previous year. The financial results of these businesses have been treated as discontinued operations in both the current and prior half-year statements. The remaining activities within the group are referred to as continuing operations.

    For the half year ended Dec. 31, 2018, sales rose 10% to £369.2 million. Household underlying revenues rose 5.9% with good growth in key laundry and auto dishwash categories, according to the company. 
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