McBride plc reported revenue results for the six months ended December 31, 2012. The company reported revenue at constant currency has declined by 6% as expected, mainly as a consequence of the previously reported wind-down in contract manufacturing. Private Label revenue at constant currency has declined by 2%, as a consequence of the decision to exit certain low-margin non-core Private Label business, although revenue from its Core and Future Growth categories has grown by 2%. 

The Board therefore expects adjusted operating profit for the first half to be around 12% higher than the same period in the prior year. Net debt at the period end will be around £80 million.