Check out our new Timeline feature to give you the latest updates on all the stocks you follow. Clickhere to set up your Timeline.

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

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.

Related Shares

More News
Today 10:45

SMALL-CAP WINNERS & LOSERS: PZ Cussons ups outlook; S&U falls

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

Today 09:40

PZ Cussons back in profit, and on track, as sales rise in core markets

(Alliance News) - Shares in PZ Cussons PLC jumped on Tuesday after the maker of Carex raised its outlook for full-year operating profit.

Today 07:53

PZ Cussons swings to first-half profit, shares rally

(Sharecast News) - PZ Cussons rallied on Tuesday after the Imperial Leather maker said it had returned to profit in the first half and remains on trac...

Today 07:46

LONDON BRIEFING: BP profit declines and says to "fundamentally reset"

(Alliance News) - London's FTSE 100 is called to open a touch lower on Tuesday, before central bankers move into focus, with both the Bank of England'...

4 Feb 2025 14:22

UK earnings, trading statements calendar - next 7 days

Free Investment Tools

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.