McBride has forecast a 1% increase in full-year sales on a constant currency basis, in a trading update described as “reassuring” by analysts.

The own-label manufacturer of household and personal care products also said it expected to a trading profit in line with its expectations.

“I am pleased that we have delivered revenue growth and an improved operating margin,” said McBride chief executive Chris Bull.

He added there were “clear signs” consumers were turning increasingly to own-label.

Analysts greeted the update positively. “We believe that McBride should be a beneficiary of the increasing trend towards private label in its core markets and with the input cost environment remaining broadly stable further improvement in margins should be achievable,” said Panmure analyst Damian McNeela.

McBride’s preliminary results for the year to 30 June will be published on 4 September.