McBride Cuts Profit Outlook by ’10-15%’; Shares Plunge by 30%

McBride Profit Warning: Cleaning product manufacturer McBride today announced a rather benign update in which rising costs were blamed for a fall in profits, which was estimated to be around 10-15% in the financial year. The markets reacted fairly badly to this, and in early trade the share price tumbled by 30% after this McBride … Read more