MCBRIDE PLC

MCB
Delayed London Stock Exchange - 06:22 2022-12-08 am EST
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McBride reports annual loss as costs rise

09/29/2022 | 08:02am

(Reuters) - Oven Pride maker McBride on Thursday reported a full-year loss as it struggled with rising input costs due to supply chain snags and inflation.

The company reported an adjusted loss before tax of 29.6 million pounds ($32.18 million) for the year ended June 30, compared with a profit of 19.9 million pounds a year earlier.

($1 = 0.9198 pounds)

(Reporting by Sinchita Mitra in Bengaluru; Editing by Shinjini Ganguli)

Reuters 2022
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