PZ Cussons FY revenue rises 5.4%
PZ Cussons FY revenue rises 5.4%
Overview
UK consumer goods maker's FY26 revenue rose 5.4% to £541.4 mln
Adjusted operating profit grew nearly 25% excluding Wilmar JV, aided by cost savings and FX gains
Adjusted EPS fell 2.7% due to higher minority interest and tax rate
Outlook
Company expects FY27 adjusted operating profit in line with current market expectations
Company says FY27 trading has started in line with expectations
Company remains mindful of macro-economic uncertainty impacting outlook
Result Drivers
MARKET GROWTH - Revenue growth across UK, ANZ, Nigeria and Indonesia driven by both price/mix and volume, per CEO Jonathan Myers
COST SAVINGS & FX - Adjusted operating profit benefited from £8.5 mln cost savings and £5.4 mln FX gains in Nigeria
MARKETING INVESTMENT - Increased marketing spend supported brand-building and innovation, including gifting programmes and product launches
Company press release: ID:nRSF4843Pa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue |
| GBP 541.4 mln |
|
FY Adjusted EBIT |
| GBP 59.5 mln |
|
FY Adjusted EBIT Margin |
| 11.00% |
|
FY Adjusted Pretax Profit |
| GBP 50.1 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the personal products peer group is "buy"
Wall Street's median 12-month price target for PZ Cussons PLC is GBp125.00, about 15.3% above its August 5 closing price of GBp108.40
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 10 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)