Added to YB: 2024-12-26
Pitch date: 2024-12-20
MCB.L [neutral]
McBride plc
+27.69%
current return
Author Info
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Company Info
McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.
Market Cap
GBP 222.1M
Pitch Price
GBP 1.05
Price Target
N/A
Dividend
2.41%
EV/EBITDA
3.96
P/E
6.69
EV/Sales
0.35
Sector
Household Products
Category
turnaround
Bubble Trouble: The Financial Soap Opera of McBride Detergents
MCB.L (neutral): Europe's leading private label laundry detergent maker. Record FY24 profits post-pandemic turnaround. Trades at 4.8x EV/EBIT. Recent palm oil price surge threatens margins. Surfactant costs could spike 54.4M+. Lacks pricing power vs retailers. Debt magnifies risk. Profitability highly sensitive to input costs.
Read full article (18 min)