Company updates
McPherson’s (MCP) has released a trading update to the ASX revising down its FY15 forecast. Underlying pre-tax profit was forecast to be around $21.7m-$22.8m for the full year to 30 June, however this figure has now been revised down to ~$15.5m-$16.6m
Company updates
Late yesterday (4 June), McPherson’s released a trading update to the ASX. The company revised its FY15 forecast down
Company research
MCP is an ASX listed leading supplier of health and beauty, consumer durable and household consumable products in Australasia. Formed in 1860 the group has approximately 800 staff. MCP’s competitive advantage is in supply chain management and the marketing of complex and comprehensive ranges of products to a large customer base