PZ Cussons Nigerian woes continue but UK picks up

26th Sep 2018 07:06

(Sharecast News) - PZ Cussons reported first-quarter trading was in line with expectations as growth in Europe and Asia offset problems in Nigeria.

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PZ Cussons profit falls as Nigerian consumers feel squeeze

24th Jul 2018 07:58

(Sharecast News) - PZ Cussons' annual profit fell by almost a quarter as the consumer goods company felt the effect of squeezed consumer spending in Nigeria and to a lesser extent the UK.

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PZ Cussons profit drops due to 'challenging' conditions in Nigeria, Australia

24th Jan 2017 08:16

(ShareCast News) - Consumer goods firm PZ Cussons, which produces Imperial Leather soap, reported a 38% drop in pre-tax profit for the first half of the year, due to challenging conditions in Nigeria in Australia, while it maintained that it is on track to meet full year expectations. For the six mo

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FTSE 250 movers: Investors hail Rentokil divestment

16th Dec 2016 15:51

(ShareCast News) - London's second tier index was up by 0.22% or 39.52 points at 17,808.87. Shares in pest control specialist Rentokil were among the best performing issues, after the Camberley-based outfit agreed to a combination of its Workwear and Hygiene divisions with Germany's Haniel & Cie

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PZ Cussons' half-year profit flat amid tough market conditions

15th Dec 2016 08:43

(ShareCast News) - PZ Cussons, the owner of Imperial Leather and Carex, said half-year profit was broadly flat amid "tough" market conditions, but remains positive on the outlook of the company. For the six months ended 30 November, the FTSE 250 company said that its performance was in line with exp

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PZ Cussons takes confidence from product pipeline

28th Sep 2016 07:49

(ShareCast News) - First quarter trading at PZ Cussons was "robust" and the washing, bathing and beauty group was bullish that its bulging pipeline of new products will allow it to weather challenging trading conditions it is facing in most markets. Despite the considerable uncertainty in its key Af

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Wednesday newspaper share tips: Games Workshop, PZ Cussons

27th Jul 2016 13:07

(ShareCast News) - Investors looking for a haven from sterling's post-Brexit vote nadirs could do worse than Games Workshop, which The Telegraph's Questor columns suggests as a potential 'Buy'. It said the "cheep and cheerful" outfit might have been overlooked by the market, noting revenues had reco

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PZ Cussons posts drop in FY profit but says things are looking up

26th Jul 2016 07:45

(ShareCast News) - Imperial Leather maker PZ Cussons reported a drop in pre-tax profit for the year to the end of May but sounded a more optimistic note on its future prospects. Profit for the period was down 5.3% to £103m as revenue rose just 0.3% to £821.2m. Profit was below consensus expectations

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PZ Cussons reports on mixed year of trading

9th Jun 2016 08:07

(ShareCast News) - Consumer products group PZ Cussons issued a trading update on Thursday, confirming to the market that performance for the year ended 31 May was in line with expectations. The FTSE 250 firm said performance in Europe and Asia offset more difficult trading conditions in Africa, and

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PZ Cussons appoints Caroline Silver as new chair

6th Jun 2016 07:51

(ShareCast News) - Imperial Leather maker PZ Cussons has appointed Caroline Silver as non-executive chair effective from 1 January 2017 following the retirement of Richard Harvey. Silver, who was appointed as a non-executive director in April 2014, is currently senior independent director and chair

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Broker tips: HSBC, PZ Cussons, IG Group

3rd Jun 2016 10:57

(ShareCast News) - Investec downgraded HSBC to 'hold' from 'buy', pointing to just under 1% residual upside to its unchanged 450p price target. "Our continuing belief that HSBC can, should and will maintain an (uncovered) 51c dividend, an implied 2016e dividend yield of 7.9% is, by itself, insuffici

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PZ Cussons slumps on Canaccord downgrade

3rd Jun 2016 09:59

(ShareCast News) - PZ Cussons was under the cosh on Friday after Canaccord Genuity cut the stock to 'hold' from 'buy', keeping the price target at 345p as it recommended taking profits ahead of the full-year update. The brokerage noted that since the interim results on 26 January, the shares are up

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Harvey swaps PZ Cussons boardroom for Pacific retirement

26th Apr 2016 08:18

(ShareCast News) - Consumer products group PZ Cussons was losing its non-executive chairman to the allure of antipodes on Tuesday, with Richard Harvey announcing his intention to step down on 31 December and retire to New Zealand. The FTSE 250 firm said it has begun the process of identifying a succ

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Tuesday broker round-up

19th Apr 2016 13:51

(ShareCast News) - Telecom Plus: Berenberg downgrades to hold with a target price of 1000p and Finncap reiterates buy with a 1225p target. Greggs: Berenberg upgrades to hold with a target price of 1020p. Zoopla: Credit Suisse reiterates outperform with a target price of 340p. Plus500: Berenberg st

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Broker tips: PZ Cussons, Tesco, Johnson Matthey

14th Apr 2016 13:33

(ShareCast News) - Shares in PZ Cussons were in the red on Thursday as Numis reiterated its 'reduce' rating after the company warned of difficult conditions in its main market of Nigeria. In an update for 27 January to 13 April, Cussons said overall trading has been in line with expectations and the

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