It also said it had agreed to buy an initial 70 percent interest in Dermacol, a privately owned, Czech-based manufacturer of skincare products for an expected 8 million pounds. It will buy the rest in 2017.
McBride, which is looking to expand into faster-growing emerging markets and higher-margin personal care products, said it made an adjusted operating profit of 50 million pounds in the year ended June 30, in line with the average forecast of analysts' estimates in a poll by Thomson Reuters I/B/E/S.
The full-year dividend was lifted 13 percent to 6.8 pence a share, while net debt was cut 22.4 million pounds to 60 million.
"Although weak retail markets and raw material inflation will remain challenging in the short term, our balance sheet remains strong," Chief Executive Chris Bull said.
"McBride is better placed than previously to manage raw material cost inflation," he added, while noting "some evidence" that promoting by branded manufacturers was starting to ease.
McBride shares have lost 22 percent of their value since the June warning on worsening trading conditions. They closed at 141 pence on Wednesday, valuing the business at 250 million pounds.
(Reporting by Mark Potter; Editing by Erica Billingham)
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