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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: 86.10
Ask: 86.70
Change: -1.50 (-1.70%)
Spread: 0.60 (0.697%)
Open: 87.60
High: 88.60
Low: 86.10
Prev. Close: 88.20

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PZ Cussons to sell Nigerian dairy business

Wed, 18th Mar 2020 09:17

(Sharecast News) - PZ Cussons announced the proposed sale of its Nigerian dairy business Nutricima on Wednesday, along with the completion of the previously-announced sale of its Polish personal care brand Luksja.
The FTSE 250 company said it has exchanged contracts for the sale of the assets associated with Nutricima's business to FrieslandCampina WAMCO Nigeria - an affiliate of Dutch company Royal FrieslandCampina.

Under Nigerian law, completion of the transaction remained subject to merger clearance in Nigeria

In addition, it said it has completed the sale of its Polish personal care brand, Luksja, to Athens-based personal care company Sarantis Group.

Sarantis would also distribute certain PZ Cussons' brands, including Carex, Original Source and Morning Fresh, in Poland and in central and eastern Europe.

"The proposed sale of Nutricima and the sale of Luksja are further steps forward under our 'Focus, Scale and Accelerate' strategy, as we continue to streamline the group to focus investment on core personal care and beauty brands," said executive chairman Caroline Silver.

"This will enable us to deliver higher margin earnings, in geographies which can scale, and support the return of the group to sustainable, profitable growth."

At 0921 GMT, shares in PZ Cussons were down 5.09% at 164.2p.
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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

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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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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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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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PZ Cussons' half-year profit falls as soap demand dips from COVID highs

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