Steer clear of McBride (MCB). The private label household products outfit yesterday announced the exit from unprofitable product lines in the contract space, where it makes products for the likes of Procter&Gamble and Unilever (ULVR). That will send contract revenues plummeting by 20 per cent in the year to the end of June. On a more positive note, its own-label products saw flat revenues in the first three months of the year, as encouraging growth in the likes of France, Germany and Poland offset weakness in the UK.
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