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McBride Plc FY10 Profit Up - Quick Facts

(RTTNews) - McBride plc's (MCB.L) fiscal 2010 pre-tax profit rose to ??29.6 million from ??22.2 million a year earlier.

Group pre-tax profit before amortisation of intangible assets and exceptional items, grew 43% to ??44.4 million from ??31.0 million a year ago, the company added.

Profit for the year attributable to equity holders of the parent improved to ??22.1 million from ??16.6 million last year.

Earnings per ordinary share increased to 12.1 pence from 9.1 pence in the previous year. Earnings per share before amortisation of intangible assets and exceptional items increased 41% to 18.1 pence from 12.8 pence in the prior year.

Revenue was up 2% to ??812.2 million from ??792.4 million in the comparable period, reflecting 1% growth on a constant currency basis and 1% from currency translation movements, primarily due to strengthening of the Euro against Sterling to 1.14.

The company said the proposed final dividend has increased 12% to 4.8 pence per share which, if approved, would increase the full year dividend 13% to 6.8 pence per share.