PZ Cussons (PZC)

Sector:

Personal Goods

Index:

FTSE 250

85.30p
   
  • Change Today:
    -1.50p
  • 52 Week High: 156.40
  • 52 Week Low: 76.90
  • Currency: UK Pounds
  • Shares Issued: 428.72m
  • Volume: 324,881
  • Market Cap: £365.70m
  • RiskGrade: 132
  • Beta: 1.27

PZ Cussons ends year as expected amid currency headwinds

By Josh White

Date: Wednesday 26 Jun 2024

LONDON (ShareCast) - (Sharecast News) - PZ Cussons said in an update on Wednesday that trading in the final quarter of the financial year, which ended on 31 May, met management expectations.
The FTSE 250 personal care products maker said it expected full-year revenue of about £528m, aligning with prior projections despite facing a significant 23% depreciation in the Nigerian Naira since its third-quarter trading update in April.

Despite the currency headwinds, PZ Cussons said it expected to achieve adjusted operating profit in the range of £55m to £60m.

Additionally, its gross debt was projected to remain within the forecast range of £160m to £180m as of 31 May.

The group noted that surplus cash in Nigeria remained minimal, as it prioritised the repatriation of funds.

In a strategic move to enhance shareholder value, PZ Cussons announced on 24 April that it intended to undertake a portfolio transformation following a strategic review of its brands and geographical presence.

It said on Wednesday that further updates on the initiative would be provided when available.

The group said it had scheduled the release of its full-year results for 18 September.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PZ Cussons Market Data

Currency UK Pounds
Share Price 85.30p
Change Today -1.50p
% Change -1.73 %
52 Week High 156.40
52 Week Low 76.90
Volume 324,881
Shares Issued 428.72m
Market Cap £365.70m
Beta 1.27
RiskGrade 132

PZ Cussons Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.85% above the market average48.85% above the market average48.85% above the market average48.85% above the market average48.85% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Price Trend
68.02% below the market average68.02% below the market average68.02% below the market average68.02% below the market average68.02% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average
Income
62.74% above the market average62.74% above the market average62.74% above the market average62.74% above the market average62.74% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
92.69% below the market average92.69% below the market average92.69% below the market average92.69% below the market average92.69% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PZ Cussons Dividends

  Latest Previous
  Final Interim
Ex-Div 31-Oct-24 07-Mar-24
Paid 04-Dec-24 04-Apr-24
Amount 2.10p 1.50p

Trades for 13-Dec-2024

Time Volume / Share Price
16:35 162,827 @ 85.30p
16:35 222 @ 85.30p
16:35 363 @ 85.30p
16:35 2,925 @ 85.30p
16:35 769 @ 85.30p

PZ Cussons Key Personnel

CFO Sarah Pollard

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