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Pin to quick picksPz Cussons Share News (PZC)

Share Price Information for Pz Cussons (PZC)

London Stock Exchange
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Share Price: 86.70
Bid: 86.80
Ask: 87.00
Change: 0.00 (0.00%)
Spread: 0.20 (0.23%)
Open: 0.00
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Prev. Close: 86.70
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IN BRIEF: PZ Cussons says baby care acquisition set to triple revenue

Tue, 04th Jul 2023 08:58

PZ Cussons PLC - Manchester-based consumer goods company - Says Basingstoke-based baby and child personal care company Childs Farm has continued to perform well since acquisition by PZ Cussons in March 2022. Childs Farm reported 12% revenue growth in financial 2023, driven by strong consumer demand for sensitive skin products, PZ Cussons says. Growth so far is primarily in home market of the UK, driven by launch of new products, increased focus on consumer distribution and social and digital activation. PZ Cussons expects Childs Farm to triple revenue over the next five years through international and continued UK expansion.

Chief Financial Officer Sarah Pollard tells a capital market events focused on Childs Farm on Tuesday: "As a brand, Childs Farm is highly complementary to our strategic focus on the baby category, an attractive and growing market, and worth GBP3.5 billion in retail sales across our priority markets alone. Our success today in growing Childs Farm reflects our winning formula for brand building, a key part of our wider strategy as we continue to transform the business."

Current stock price: 161.20 pence, up 0.3% on Tuesday morning

12-month change: down 21%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
20 May 2022 14:35

IN BRIEF: PZ Cussons issues statement on re-election of two directors

PZ Cussons PLC - Manchester-based manufacturer of personal care brands - Issues explanation for why at least 20% of shares cast votes against the re-election of two directors at its annual general meeting in November. Says reason are concerns from a small number of "significant shareholders over remuneration targets and non-executive director share ownership". Firm ensures it has engaged with shareholders on these issues and will continue to do so. "The board continues to keep its remuneration policy under review to ensure it aligns with regulatory requirements and incorporates feedback from stakeholders where practicable," PZ Cussons adds.

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13 Apr 2022 10:35

PZ Cussons backs financial 2022 guidance on third quarter growth

(Alliance News) - PZ Cussons PLC said on Wednesday said it has seen a continued improvement in revenue trends following a decline in the first quarter of its financial year, which ends May 31.

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13 Apr 2022 07:51

LONDON MARKET PRE-OPEN: UK inflation rips to 30-year high; GSK buys

(Alliance News) - Stocks in London were called flat on Wednesday morning as investors digest surging UK inflation data, which follows on the heels of red-hot consumer prices in the US and Germany.

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13 Apr 2022 07:42

PZ Cussons Q3 revenues rise as inflation to have 'limited' impact

(Sharecast News) - Consumer goods group PZ Cussons said third quarter sales rose 8.5% driven by its price-to-discount mix as it maintained volumes during the period.

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6 Apr 2022 15:52

UK earnings, trading statements calendar - next 7 days

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1 Apr 2022 12:11

IN BRIEF: PZ Cussons CEO buys GBP100,000 in shares

PZ Cussons PLC - Manchester-based personal and home care and beauty products - Charmian Myers, an associate of Chief Executive Officer Jonathan Myers, buys 51,175 shares at GBP1.96, worth GBP100,252, on Wednesday.

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31 Mar 2022 15:11

UK dividends calendar - next 7 days

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21 Mar 2022 08:27

PZ Cussons acquires personal care firm Childs Farm for GBP37 million

(Alliance News) - PZ Cussons PLC on Monday said it has acquired Basingstoke, England-based baby and child personal care brand Childs Farm for GBP36.8 million in cash.

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21 Mar 2022 07:53

LONDON MARKET PRE-OPEN: Plus500 enters Japan; Photo-Me enters profit

(Alliance News) - Stock prices in London are seen opening slightly lower on Monday tracking a fall in Asian equity markets, as investors continue to monitor the conflict in Ukraine.

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21 Mar 2022 07:05

Cussons buys Childs Farm for £36.8m

(Sharecast News) - Consumer products giant PZ Cussons said it had bought UK baby and child personal care company Childs Farm for £36.8m in cash.

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3 Mar 2022 16:00

UK dividends calendar - next 7 days

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14 Feb 2022 09:30

LONDON BROKER RATINGS: Goldman Sachs resumes Prudential at 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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11 Feb 2022 10:04

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9 Feb 2022 09:51

PZ Cussons unable to match strong prior year sales in first half

PZ Cussons unable to match strong prior year sales in first half

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9 Feb 2022 08:09

UPDATE 1-PZ Cussons' half-year profit falls as demand softens, costs rise

(Adds CEO quote, details)Feb 9 (Reuters) - Soap maker PZ Cussons said on Wednesday its first-half profit fell from a year earlier as demand for its hand wash and sanitisers dipped from the heights hit during the peak of the COVID-19 pandemic.The m...

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