Sales at own-label cleaning giant McBride were up 7% year-on-year in the last quarter, the company’s latest market update revealed.

This rise included a 4% contribution from the weak pound and underlying growth  of 3%. The company said new contracts in the UK were a large contributor to its healthy performance.

Net debt is expected to be £65m, versus £82.5m last year – leading to reduced estimates of finance costs for the full year.

“We have built on the good start we made to the current financial year,” said chief executive Miles Roberts. “Our markets remain highly competitive and will continue to be so as Private Label continues to perform strongly in its core categories in these difficult economic times. We will therefore continue our strategy of focusing on where we can add value for our customers.”