Barclays downgrades PZ Cussons, cites too much Nigerian exposure
8th Mar 2024 08:02
(Sharecast News) - Barclays downgraded shares of Imperial Leather maker PZ Cussons on Friday to 'equalweight' from 'overweight' and slashed the price target to 111p from 205p, citing "too much" Nigerian exposure.
Read moreLondon close: Stocks slip as Barratt, Redrow announce merger
7th Feb 2024 15:00
(Sharecast News) - London's stock markets finished in the red on Wednesday, as investors digested fresh house price data as well as news of a big merger in the housebuilding sector.
Read morePZ Cussons slashes dividend and warns on profits as Nigerian naira plummets
7th Feb 2024 07:28
(Sharecast News) - PZ Cussons, the consumer products group behind brands like Carex and Imperial Leather, delivered a profit warning to shareholders on Wednesday and cut its interim dividend by nearly a half as a result of a significant slide in the Nigerian naira in the first half.
Read moreLondon close: Stocks make small gains on quiet Thursday
23rd Nov 2023 16:09
(Sharecast News) - London's stock markets saw a positive turnaround by the end of the day on Thursday despite subdued trading activity due to the Thanksgiving holiday in the United States.
Read morePZ Cussons trading as expected, Nigeria plans progressing
23rd Nov 2023 07:27
(Sharecast News) - Consumer goods giant PZ Cussons said in an update on Thursday that its trading performance remained consistent with the outlook provided at its full-year results in September.
Read moreLondon close: Stocks mixed on global economic jitters
26th Sep 2023 16:47
(Sharecast News) - Stocks in London ended Tuesday on a varied note, reflecting global apprehensions around the Chinese economy and rising interest rates, while the shadow of a US credit warning from Moody's loomed large.
Read moreCussons holds guidance despite fall in FY profits
26th Sep 2023 07:20
(Sharecast News) - Personal care consumer goods maker PZ Cussons on Tuesday held annual guidance despite a fall in full-year profits as cost inflation and issues at its Nigerian operation continued to weigh.
Read morePZ Cussons offers to buy out Nigeria minority stake for £23m
5th Sep 2023 07:10
(Sharecast News) - Consumer goods firm PZ Cussons has offered to buy out the minority-held shares of PZ Cussons Nigeria (PZCN) for £22.8m with a plan to de-list the business from the Nigerian stock exchange.
Read morePZ Cussons upbeat after first year of Childs Farm ownership
4th Jul 2023 09:06
(Sharecast News) - PZ Cussons said in an update on Tuesday that its baby and child personal care business Childs Farm looked set to experience a significant boost in revenue over the next five years.
Read moreCussons sees higher profits despite one-off hit from Nigeria devaluation
27th Jun 2023 07:22
(Sharecast News) - Consumer goods giant PZ Cussons said it expected to take a hit from the recent devaluation of the Nigerian naira, but would report higher annual sales and profits.
Read morePZ Cussons backs FY expectations as Q3 revenues rise
13th Apr 2023 06:58
(Sharecast News) - Imperial Leather maker PZ Cussons backed its full-year expectations on Thursday as it posted a rise in third-quarter revenues as price increases underpinned margins.
Read morePZ Cussons agrees new £325 credit facility
14th Nov 2022 07:52
(Sharecast News) - PZ Cussons said it had agreed a new £325m committed credit facility, provided by a syndicate of lenders.
Read morePZ Cussons sees strong start to Q1 as annual profits fall
22nd Sep 2022 07:01
(Sharecast News) - Consumer goods giant PZ Cussons said first quarter like-for-like sales rose 6.7% on the back of higher prices as it also reported a fall in annual profits due to lower revenues and brand impairment.
Read morePZ Cussons sees group revenue growth of 3%
27th Jun 2022 07:03
(Sharecast News) - UK consumer goods and healthcare company PZ Cussons said it expected annual group revenue of around £590m with like-for-like growth of 3%.
Read morePZ Cussons Q3 revenues rise as inflation to have 'limited' impact
13th Apr 2022 07:42
(Sharecast News) - Consumer goods group PZ Cussons said third quarter sales rose 8.5% driven by its price-to-discount mix as it maintained volumes during the period.
Read more