Archive of all PZ Cussons articles
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News
Pets at Home recruits new CFO from PZ Cussons
The retailer is rebuilding its top team amid declining sales
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News
PZ Cussons impresses investors with return to profitability
Shares jumped 12.2% on Wednesday as PZ Cussons reported an operating profit of £20.6m, up from a loss of £83.7m the year before
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News
PZ Cussons back to black yet ‘more to do’ in transformation
CEO Jonathan Myers praised improvements made in comments attached to the company’s annual report
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News
Original Source’s AI generated TV ad boosts sales and sentiment
Original Source’s 37-second TV commercial features 70% AI created content
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News
PZ Cussons pulls St Tropez auction as self-tan brand struggles in the US
PZ Cussons has abandoned plans to flog the St Tropez self-tanning brand after running an extensive auction process
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News
PZ Cussons puts investors in a lather as shares fall on transformation update
PZ Cussons failed to convince the markets this week on the progress of its ongoing transformation as the personal care group sold off its stake in the Nigerian edible oils business for £51m
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News
PZ Cussons flogs African palm oil business but EPR rules in UK hit profits
PZ Cussons has sold its stake in a Nigerian edible oils business for £51m as the London-listed personal care group makes progress on efforts to simplify the group
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News
Bluey cereal and bath care range hit shelves amid BBC licensing spree
Kellogg’s, Childs Farm, Natures Aid and Hero are to launch fmcg products featuring popular kids’ cartoon character
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News
City snapshot: PZ Cussons shares up 11% despite profit plunge
The owner of Carex and Imperial Leather saw pre-tax profits fall 24% due to a huge depreciation in the Nigerian naira. Also, shoppers are trading down into own label ahead of more anticipated price hikes
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News
PZ Cussons offers signs of hope amid Nigerian damage
After an eye-watering slide for the Nigerian naira, the currency is now enjoying a run of relative stability
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City snapshot: PZ Cussons steadies ship after Nigerian turbulence
Ahead of its AGM later today, PZ Cussons said it expects 5% like-for-like revenue growth in the first half of its financial year, largely led by growth in the UK. Also, Tereos profits fall due to lower prices for sugar and sweeteners.
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News
PZ Cussons shares sink on troubles in Africa
Investors sold off the stock in response to the results, sending shares tanking 15% to 87.5p on Wednesday
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City snapshot: PZ Cussons profits plunge amid currency devaluation in Nigeria
PZ Cussons has moved a step closer to selling off its troubled African business as the personal care group reveals sales and profits in the past year plummeted. Plus, the latest UK inflation and supermarket growth data, and full-year results from Supermarket Income REIT
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News
City snapshot: Revenues plunge on Nigerian currency woes but PZ Cussons holds full-year profit guidance
PZ Cussons has maintained its profits guidance for the year despite the currency in its troubled Nigerian market tanking further since a third-quarter trading update in April
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Analysis & Features
Can St Tropez and Nigeria exits fix PZ Cussons’ woes?
Long-suffering shareholders have backed the new action plan
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News
PZ Cussons flogging St Tropez in bid to simplify the group
PZ Cussons is selling self-tanning brand St Tropez after admitting the group is “too complex for its size”
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News
City snapshot: Sainsbury’s targets £1bn in savings as it launches ‘Next Level Sainsbury’s’ strategy
Sainsbury’s is targeting £1bn in cost savings over the next three years as part of its new strategy launch this morning. Plus, PZ Cussons issues a profits warning and Just Eat Takeaway appoints new CFO.
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News
City snapshot: PZ Cussons trading in line as Nigerian business grows despite volatility
PZ Cussons has told the market it is trading in line with expectations amid a rebound in its Nigeria business despite volatility and currency devaluation in the country
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News
City news: AG Barr boosted by revenue growth and Boost acquisition
Acquisitions and organic revenue growth helped AG Barr boost its first-half revenues by a third, but profits were hit by a rise in lower-margin sales and soaring costs.
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Interviews
PZ Cussons boss Jonathan Myers on transforming this ‘strange company’
Myers has simplified PZ Cussons since taking over in 2020, closing its forays into Nigerian property and Australian yoghurt, in recognition it had lost its way