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PZ Cussons PLC (PZC.L)

PZC.L on London Stock Exchange

230.00GBp
26 Nov 2020
Change (% chg)

5.00 (+2.22%)
Prev Close
225.00
Open
229.00
Day's High
230.50
Day's Low
225.00
Volume
190,939
Avg. Vol
561,539
52-wk High
265.24
52-wk Low
149.00

Latest Key Developments (Source: Significant Developments)

PZ Cussons Announces Completion Of Nutricima Disposal
Thursday, 1 Oct 2020 

Oct 1 (Reuters) - PZ Cussons PLC ::PZ CUSSONS PLC - COMPLETION OF NUTRICIMA DISPOSAL.  Full Article

PZ Cussons Plc Posts Q1 Revenue Growth Of 23%
Wednesday, 23 Sep 2020 

Sept 23 (Reuters) - PZ Cussons PLC ::PZ CUSSONS PLC - TRADING STATEMENT.PZ CUSSONS - Q1 REVENUE GROWTH OF 23% WITH FOCUS BRANDS GROWTH OF 37% AT CONSTANT RATES OF EXCHANGE.PZ CUSSONS - RECOVERY OF RESULTS IN AUSTRALIA, NIGERIA AND BEAUTY.PZ CUSSONS - BALANCE SHEET FURTHER STRENGTHENED WITH NET DEBT LOWER THAN YEAR-END.PZ CUSSONS - IN NIGERIA, DISPOSAL OF OUR NUTRICIMA MILK BUSINESS IS ON TRACK WITH EXPECTED COMPLETION BY END OF SEPTEMBER.PZ CUSSONS - MAJORITY OF OUR FOCUS BRANDS ARE NOW IN GROWTH, LED BY CAREX IN UK.PZ CUSSONS - IN Q2 WE PLAN TO INCREASE INVESTMENT FURTHER IN BUILDING OUR BRANDS AND CAPABILITIES.PZ CUSSONS - WE EXPECT SOME ADVERSE HEADWINDS FOR REST OF YEAR FOLLOWING THIS GOOD START.PZ CUSSONS - BEAUTY CONTINUES TO RECOVER WITH REVENUE MODESTLY AHEAD OF LAST YEAR.PZ CUSSONS - BOTH ST TROPEZ AND SANCTUARY DELIVERING GOOD REVENUE GROWTH..PZ CUSSONS- COVID-19 WILL CLEARLY CONTINUE TO HAVE A SIGNIFICANT IMPACT ON CONSUMPTION OF OUR PERSONAL CARE, HOME CARE AND BEAUTY PRODUCTS.PZ CUSSONS - AFRICA GREW REVENUE VERSUS LAST YEAR WITH NIGERIA RETURNING TO MORE NORMAL TRADING PATTERNS FOLLOWING REMOVAL OF RESTRICTIONS.PZ CUSSONS - COVID-19 WILL CLEARLY CONTINUE TO HAVE A SIGNIFICANT IMPACT ON CONSUMPTION OF OUR PERSONAL CARE, HOME CARE AND BEAUTY PRODUCTS.  Full Article

PZ Cussons Says Non-Exec Director Tamara Minick-Scokalo To Step Down From Board
Wednesday, 23 Sep 2020 

Sept 23 (Reuters) - PZ Cussons PLC ::PZ CUSSONS PLC - BOARD CHANGE.PZ CUSSONS - TAMARA MINICK-SCOKALO, NON-EXECUTIVE DIRECTOR, HAS ADVISED CO THAT SHE WILL STEP DOWN FROM BOARD WITH EFFECT FROM AGM.  Full Article

PZ Cussons Says Beauty Business Severely Impacted Due To Coronavirus
Thursday, 16 Apr 2020 

April 16 (Reuters) - PZ Cussons PLC ::PZ CUSSONS PLC - OUR FULL YEAR PROFIT GUIDANCE REMAINS WITHIN CONSENSUS RANGE, ALBEIT AT LOWER END.PZ CUSSONS PLC - IMPACT OF COVID-19 CONTINUES TO BE SIGNIFICANT, ALTHOUGH VARIES DEPENDING ON BUSINESS UNIT AND MARKET.PZ CUSSONS PLC - OVERALL REVENUE IN QUARTER DECLINED AGAINST LAST YEAR, ALBEIT AT A REDUCED RATE COMPARED TO FIRST HALF OF YEAR.PZ CUSSONS PLC - IN UK, EXPERIENCING EXCEPTIONALLY HIGH DEMAND FOR CAREX HAND WASH AND SANITISER GEL PRODUCTS AND IMPERIAL LEATHER SOAP.PZ CUSSONS PLC - BEAUTY BUSINESS HAS BEEN SEVERELY IMPACTED DUE TO VIRUS.PZ CUSSONS PLC - SITUATION IN NIGERIA IS UNCERTAIN.PZ CUSSONS - AT THIS TIME, HAVE NOT ELECTED TO PARTICIPATE IN UK FURLOUGH SCHEME OR SIMILAR SCHEMES IN OTHER COUNTRIES.PZ CUSSONS - CANCELLATION OF CAPEX PROJECTS, REVIEW OF COST BASE, PARTICULARLY IN AREAS OF BUSINESS MOST IMPACTED BY COVID-19.PZ CUSSONS PLC - IN AFRICA, QTRLY REVENUE DECLINED OVERALL IN Q3 COMPARED TO LAST YEAR.  Full Article

PZ Cussons Says No Payments Will Be Made Directly To Kanellis In Connection With His Retirement
Thursday, 2 Apr 2020 

April 2 (Reuters) - PZ Cussons PLC ::PZ CUSSONS PLC - UPDATE ON SETTLEMENT AGREEMENT WITH FORMER CEO.PZ CUSSONS - REMUNERATION COMMITTEE HAS DETERMINED THAT NO PAYMENTS WILL BE MADE DIRECTLY TO KANELLIS IN CONNECTION WITH HIS RETIREMENT..PZ CUSSONS PLC - BOARD HAS INSTRUCTED A FIRM OF INDEPENDENT ACCOUNTANTS TO PERFORM A REVIEW OF CONTROLS AND COMPLIANCE.  Full Article

PZ Cussons Says Jonathan Myers Will Join Board As Chief Executive Officer
Thursday, 19 Mar 2020 

March 19 (Reuters) - PZ Cussons PLC ::APPOINTMENT OF NEW CHIEF EXECUTIVE OFFICER.JONATHAN MYERS WILL JOIN BOARD AS CHIEF EXECUTIVE OFFICER WITH EFFECT FROM 1 MAY.CAROLINE SILVER WILL CONTINUE TO SERVE AS EXECUTIVE CHAIR UNTIL JONATHAN JOINS BUSINESS ON 1 MAY.  Full Article

Majedie Asset Management Discloses 5.07% Stake In PZ Cussons As Of Feb. 14
Thursday, 20 Feb 2020 

Feb 20 (Reuters) - :MAJEDIE ASSET MANAGEMENT DISCLOSES 5.07% STAKE IN PZ CUSSONS PLC AS OF FEB. 14 - FILING.  Full Article

PZ Cussons CEO Alex Kanellis To Retire
Thursday, 12 Dec 2019 

Dec 12 (Reuters) - PZ Cussons PLC ::DIRECTORATE CHANGE.CHIEF EXECUTIVE OFFICER ALEX KANELLIS WILL RETIRE FROM COMPANY ON 31 JANUARY 2020.SEARCH FOR KANELLIS HAS BEEN INITIATED AND PROCESS IS EXPECTED TO BE COMPLETED IN FIRST HALF OF 2020.PENDING APPOINTMENT OF NEW CEO, CAROLINE SILVER WILL BECOME EXECUTIVE CHAIR WITH EFFECT FROM 1 FEBRUARY 2020.ALAN BERGIN WILL CONTINUE AS INTERIM CHIEF FINANCIAL OFFICER.  Full Article

Pz Cussons CEO Kanellis Retires; H1 Oper Profit Falls
Thursday, 12 Dec 2019 

Dec 12 (Reuters) - PZ Cussons PLC ::PZ CUSSONS PLC - CHALLENGING MARKET CONDITIONS ACROSS KEY GEOGRAPHIES LED TO A DECLINE IN FIRST HALF REVENUE AND OPERATING PROFIT COMPARED WITH LAST YEAR.PZ CUSSONS PLC - SALE OF GREEK AND POLISH BUSINESSES AGREED; PORTFOLIO RESTRUCTURING CONTINUES.PZ CUSSONS PLC - MARKET SHARE GREW IN UK, USA AND INDONESIA, WITH REVENUE FOR OUR FOCUS BRANDS STABLE VERSUS LAST YEAR.PZ CUSSONS PLC - OVERHEAD SAVING INITIATIVES UNDERWAY; FURTHER DETAILS TO BE PROVIDED LATER IN YEAR.PZ CUSSONS PLC - A STRONGER SECOND HALF IS EXPECTED SUBJECT TO NO FURTHER WORSENING OF ECONOMIC AND TRADING ENVIRONMENTS.PZ CUSSONS PLC - FULL YEAR REVENUE AND ADJUSTED PROFIT BEFORE TAX IS EXPECTED TO BE MODESTLY BELOW PRIOR YEAR ON A LIKE-FOR-LIKE BASIS.ANNOUNCED THE RETIREMENT OF ALEX KANELLIS, GROUP CHIEF EXECUTIVE OFFICER, WITH EFFECT FROM 31 JANUARY 2020.  Full Article

PZ Cussons Affirms FY View, Sees "Consumer Fragility" In Key Markets
Wednesday, 25 Sep 2019 

Sept 25 (Reuters) - PZ Cussons PLC ::DISPOSAL OF FOOD BUSINESS IN GREECE AND LOCAL POLISH PERSONAL CARE BRAND LUKSJA FOR OVER £50M.KEY MARKETS CONTINUE TO BE IMPACTED BY CONSUMER FRAGILITY, WITH NIGERIAN ECONOMY REMAINING DEPRESSED.SEEING UNCERTAINTY IN UK AND HIGHLY COMPETITIVE MARKETS IN AUSTRALIA.Q1 CASH GENERATION IN LINE WITH EXPECTATIONS.UK PERSONAL CARE BRANDS WERE IMPACTED BY CONSUMER UNCERTAINTY AND HEAVY PROMOTIONAL ACTIVITY, LEADING TO LOWER REVENUE IN Q1.ASIA PACIFIC REVENUE DECLINED VERSUS PRIOR YEAR IN Q1.AFRICA REVENUE CONTINUED TO DECLINE ALBEIT AT A SLOWER RATE COMPARED TO LAST YEAR IN Q1.ANTICIPATE MARKET CONDITIONS WILL REMAIN CHALLENGING ACROSS OUR KEY GEOGRAPHIES FOR BALANCE OF FIRST HALF OF YEAR.IMPROVEMENT IS ANTICIPATED IN H2, AS PLANNED MARKETING ACTIVITIES BEHIND OUR FOCUS BRANDS, OVERHEAD REDUCTION PROGRAMMES TAKE EFFECT.EXPECT FULL YEAR RESULTS TO BE IN LINE WITH PRIOR YEAR, ADJUSTED FOR IMPACT OF DISPOSALS.FY RESULTS DEPENDENT ON NO FURTHER WORSENING IN OUR KEY MARKETS, SPECIFICALLY UK AND NIGERIA.  Full Article

UPDATE 1-Soaps, sanitisers boost PZ Cussons sales; pandemic weighs on beauty products

Sept 23 UK's PZ Cussons Plc said on Wednesday first-quarter revenue jumped 23% due to a spike in demand for soaps and hand sanitisers during the COVID-19 pandemic, but warned the health crisis could hamper sales in its beauty business.