McPherson's Ltd
ASX:MCP
McPherson's Ltd
McPherson's Ltd. operates as a supplier of health and beauty, consumer durable and household consumable products. The company is headquartered in Sydney, New South Wales. The firm's segments are Australia, New Zealand, and Rest of the World. The firm focuses on marketing and distributing beauty care, hair care, skin care and personal care items such as facial wipes, cotton pads and foot comfort products, as well as a range of kitchen essentials such as baking paper, cling wrap and aluminum foil. The firm's health and beauty brands include A’kin, Dr. LeWinn's, Lady Jayne, Glam by Manicare, Revitanail, Swisspers, Moosehead and Soulful. The firm's household consumable brand is Multix.
McPherson's Ltd. operates as a supplier of health and beauty, consumer durable and household consumable products. The company is headquartered in Sydney, New South Wales. The firm's segments are Australia, New Zealand, and Rest of the World. The firm focuses on marketing and distributing beauty care, hair care, skin care and personal care items such as facial wipes, cotton pads and foot comfort products, as well as a range of kitchen essentials such as baking paper, cling wrap and aluminum foil. The firm's health and beauty brands include A’kin, Dr. LeWinn's, Lady Jayne, Glam by Manicare, Revitanail, Swisspers, Moosehead and Soulful. The firm's household consumable brand is Multix.
Revenue: Group revenue fell 6.7% to $66 million, mainly due to transitional supply chain issues and reduced sales in portfolio brands.
Core Brands: Core brand revenue was broadly stable, down 1%, but grew 2.2% on a like-for-like basis excluding wholesaler rebates.
Profitability: Underlying EBITDA increased 10.6% to $2.2 million, reflecting early benefits from the new operating model.
Turning the Corner: Underlying NPAT improved to a $0.4 million loss compared to a $1.3 million loss last year.
Cash Position: Net cash rose to $12.6 million from $8.8 million, driven by strong operational cash flow.
Buyback: Announced an on-market share buyback of up to $2 million, with no interim dividend declared.
Outlook: Management expects moderate year-on-year growth in underlying FY '26 EBITDA, weighted to the second half.