Mike Ralston, CEO of Blencowe Resources (BRES) and Manuel Pablo Zúñiga-Pflücker, President and CEO of PetroTal (PTAL) will be presenting and taking live Q&A at focusIR's Investor Webinar on Tuesday 25th February. Please register here.

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Pin to quick picksPz Cussons Share News (PZC)

Share Price Information for Pz Cussons (PZC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 83.70
Bid: 82.90
Ask: 84.50
Change: 4.30 (5.42%)
Spread: 1.60 (1.93%)
Open: 81.30
High: 91.30
Low: 81.00
Prev. Close: 79.40
PZC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Timelines are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

PZ Cussons upbeat after first year of Childs Farm ownership

Tue, 04th Jul 2023 09:06

(Sharecast News) - PZ Cussons said in an update on Tuesday that its baby and child personal care business Childs Farm looked set to experience a significant boost in revenue over the next five years.

The FTSE 250 company acquired Childs Farm in March last year.

It said that, by leveraging its expertise in brand-building and commercial operations, along with continued growth in the UK and international markets, Childs Farm revenue could be tripled over the coming half-decade.

Since the acquisition in March 2022, PZ Cussons said Childs Farm had consistently performed well.

In the 2023 financial year, it recorded an impressive 12% rise in revenue, primarily driven by strong consumer demand for its products designed for babies and children with sensitive skin.

That growth was supported by the successful introduction of new products, including the 'SlumberTime' range, which uses sleep-enhancing technology to aid both babies and their parents in achieving a good night's sleep.

Additionally, expanded customer distribution, as well as effective social and digital marketing initiatives, contributed to the brand's success.

The company also noted that Childs Farm achieved the status of a certified B Corporation in July last year, making it the first children's personal care brand in the UK to do so.

"We are really proud of the continued development of Childs Farm under our ownership and excited about the growth we see ahead for this unique business," said PZ Cussons' chief financial officer Sarah Pollard.

"As we look ahead, we see opportunities to accelerate Childs Farm's progress and strengthen its leadership position, to enter new international markets and to continue to launch innovative new product ranges."

Pollard said that as a brand, Childs Farm was "highly complementary" to the firm's strategic focus on the baby category, which she described as an "attractive and growing" market worth £3.5bn in retail sales across PZ Cussons' 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."

At 0824 BST, shares in PZ Cussons were up 0.25% at 161.2p.

Reporting by Josh White for Sharecast.com.

More News
24 Apr 2024 17:00

LONDON MARKET CLOSE: No record close for FTSE 100; mixed trade in US

(Alliance News) - Stock prices in London closed lower on Thursday, with the FTSE 100's recent rally taking a pause for breath, but not after hitting another record high.

Read more
24 Apr 2024 15:09

London close: Stocks finish weaker after earlier gains

(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.

Read more
24 Apr 2024 10:11

PZ Cussons looks to sell St Tropez in push to add glow to share price

(Alliance News) - PZ Cussons PLC on Wednesday said it intends to sell its self-tanning brand, St Tropez, and review its African operations, as part of a strategic drive to improve shareholder returns.

Read more
24 Apr 2024 09:04

LONDON MARKET OPEN: Reckitt up on strong start to 2024; Lloyds falls

(Alliance News) - Stock prices in London opened higher on Wednesday, building on this week's gains, as investors look ahead to some key US data.

Read more
24 Apr 2024 07:38

PZ Cussons to sell St Tropez tanning brand, evaluating Africa options

(Sharecast News) - PZ Cussons said on Wednesday that it was planning to sell the St Tropez tanning brand and is reviewing its operations in Africa, as it backed its profit outlook for 2024.

Read more
17 Apr 2024 14:00

UK earnings, trading statements calendar - next 7 days

Read more
28 Mar 2024 13:43

UK dividends calendar - next 7 days

Read more
8 Mar 2024 15:02

London close: Stocks mixed as US payrolls paint varied picture

(Sharecast News) - London markets ended the trading session on a mixed note on Friday, as investors digested a faster-than-expected rise in non-farm payrolls in the US.

Read more
8 Mar 2024 08:02

Barclays downgrades PZ Cussons, cites too much Nigerian exposure

(Sharecast News) - Barclays downgraded shares of Imperial Leather maker PZ Cussons on Friday to 'equalweight' from 'overweight' and slashed the price target to 111p from 205p, citing "too much" Nigerian exposure.

Read more
8 Mar 2024 07:42

LONDON BRIEFING: Mattioli accepts takeover offer from Pollen Street

(Alliance News) - Stocks in London are called to tread water on Friday, after a busy week of economic data and interest rate decisions.

Read more
29 Feb 2024 16:06

UK dividends calendar - next 7 days

Read more
7 Feb 2024 15:00

London close: Stocks slip as Barratt, Redrow announce merger

(Sharecast News) - London's stock markets finished in the red on Wednesday, as investors digested fresh house price data as well as news of a big merger in the housebuilding sector.

Read more
7 Feb 2024 12:01

LONDON MARKET MIDDAY: Barratt and Smurfit Kappa bookend FTSE 100

(Alliance News) - Stock prices in London were lower at midday Wednesday, with Barratt Developments and Smurfit Kappa sitting either side of the FTSE 100 index.

Read more
7 Feb 2024 08:54

PZ Cussons cuts dividend and lowers guidance hit by naira devaluation

(Alliance News) - PZ Cussons PLC on Wednesday reduced its dividend and lowered profit guidance after performance was hit by the devaluation of the Nigerian naira.

Read more
7 Feb 2024 07:28

PZ Cussons slashes dividend and warns on profits as Nigerian naira plummets

(Sharecast News) - PZ Cussons, the consumer products group behind brands like Carex and Imperial Leather, delivered a profit warning to shareholders on Wednesday and cut its interim dividend by nearly a half as a result of a significant slide in the Nigerian naira in the first half.

Read more

Make Better Investment Decisions

Register for FREE

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.