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2 clusters · 3 sources · 26 days · First seen · Last updated

PZ Cussons financial performance 2026

Overview

PZ Cussons plc and its Nigerian subsidiary reported significant financial growth for the fiscal year ending May 31, 2026.

PZ Cussons plc reported a 5.4% revenue increase to £541.4 million, with adjusted operating profit rising 24.5% to £59.5 million. The company utilized proceeds from the sale of its PZ Wilmar joint venture to reduce net debt from £87 million to £25 million. CEO Jonathan Myers noted a refreshed strategy focusing on African business guardrails and North American partnerships.

Concurrently, PZ Cussons Nigeria Plc announced a 349% surge in profit after tax, reaching N45.17 billion compared to N10.07 billion in 2025. The Nigerian entity's revenue grew by 22.5% to N260.46 billion, driven by foreign exchange gains, asset disposals, and supply efficiencies. The company also reported a shift to positive total equity of N66.6 billion and proposed a dividend of N2.50 per share.

Entities

Oghale Elueni · Nigeria · Oghenekevwe Ogefere · PZ Cussons plc · Janine Bramall

Timeline

  1. 17 days ago

    [BUSINESS] 3 sources
    PZ Cussons Nigeria reports 349% profit surge to N45.2 billion

    PZ Cussons Nigeria Plc reported a 349% surge in profit after tax to N45.2 billion for FY2026, proposing a N2.50 per share dividend following strong revenue growth and improved financial stability.

  2. about 1 month ago

    [BUSINESS] 4 sources
    PZ Cussons posts 5.4% revenue rise and profit growth in 2026

    PZ Cussons reported 5.4% revenue growth to £541.4 m, profit up 24.5%, debt cut to £25 m, and a refreshed strategy focusing on Africa and brand partnerships.

Sources

orientalnewsng.com · thisdaylive.com · tribuneonlineng.com