Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPz Cussons Share News (PZC)

Share Price Information for Pz Cussons (PZC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 98.80
Bid: 99.00
Ask: 99.90
Change: -0.30 (-0.30%)
Spread: 0.90 (0.909%)
Open: 100.00
High: 100.00
Low: 98.20
Prev. Close: 99.10
PZC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

PZ Cussons Nigerian woes continue but UK picks up

Wed, 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. The maker of Imperial Leather soap said its performance in the three months to the end of August was supported by new products and tight cost control.In the UK, new washing and bathing products and a marketing push drove good growth of Imperial Leather, Carex and Original Source, Cussons said in a trading update before its annual meeting.In Nigeria, the company's biggest market, high inflation squeezed consumers' spending power and put pressure on Cussons' prices, volumes and margins. The FTSE 250 company said its Nigerian business was working to produce products at the right price and in the right sizes.Cussons said: "Europe and Asia continue to perform well, whilst improvement in Africa will largely be dependent on the macro environment in Nigeria during the remainder of the year."The update marked a continuation of the company's troubles in Nigeria, which helped push profit down by almost a quarter in the year to the end of May. First-quarter growth in the UK was an improvement on last year when hard-pressed households spent less on Cussons washing and bathing items.Shore Capital analyst Darren Shirley said the update was "relatively resilient" but he added: "Africa is the catalyst required to stimulate a return to profit and share price outperformance ... with no evidence of this in sight."Cussons said though consumers in all markets were under pressure beauty brands such as Sanctuary, St Tropez and Charles Worthington sold well in the first quarter. Business was solid in Australia and Indonesia, it said.The company's shares, down 26% since the start of 2018, rose 3% to 236.4p at 10:07 BST.
More News
24 Jan 2017 08:16

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

(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

Read more
18 Jan 2017 16:07

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
16 Dec 2016 15:51

FTSE 250 movers: Investors hail Rentokil divestment

(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

Read more
15 Dec 2016 08:43

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

(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

Read more
12 Oct 2016 06:33

PZ Cussons Adds Croda International Finance Director As Non-Executive

Read more
29 Sep 2016 15:03

UK Dividends Calendar - Next 7 Days

Read more
28 Sep 2016 09:43

WINNERS & LOSERS SUMMARY: UK Mail Jumps On Deutsche Post Cash Offer

Read more
28 Sep 2016 07:49

PZ Cussons takes confidence from product pipeline

(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

Read more
8 Sep 2016 17:19

DIRECTOR DEALINGS: Trio Of Directors Of PZ Cuzzons Purchase Shares

Read more
27 Jul 2016 13:07

Wednesday newspaper share tips: Games Workshop, PZ Cussons

(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

Read more
26 Jul 2016 11:37

EXTRA: PZ Cussons Annual Profit Slips But Revenue Boosted By Europe

Read more
26 Jul 2016 07:45

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

(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

Read more
26 Jul 2016 07:23

LONDON BRIEFING: BT Gains After It Is Allowed To Keep Openreach

Read more
19 Jul 2016 15:14

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
10 Jun 2016 08:42

BROKER RATINGS SUMMARY: Deutsche Bank Says Sell PageGroup And Hays

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.