PZ Cussons H1 revenue up 9.5%, raises FY26 profit outlook

PZ Cussons

11/02/2026 07:11

Overview

UK consumer goods firm reported 9.5% LFL revenue growth for H1 FY26

Adjusted operating profit for H1 FY26 rose 59.6% yr/yr

Company raised FY26 operating profit expectations to £53-57 mln

Outlook

PZ Cussons raises FY26 adjusted operating profit guidance to £53-57 mln

Company expects FY26 net debt/EBITDA to end at approximately 1.0x

PZ Cussons targets double-digit total shareholder return through strategic initiatives

Result Drivers

PRICE AND VOLUME INCREASES - Co reported a healthy balance of price and volume increases across its four lead markets, contributing to strong performance

NIGERIA GROWTH - Nigeria saw double-digit volume growth and market share gains, supported by pricing increases and improved distribution

UK MARKET SUCCESS - UK growth led by Sanctuary Spa with successful Christmas gifting in a competitive environment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Adjusted Revenue
GBP 269.30 mln
H1 Adjusted EBIT
GBP 35.60 mln
H1 Adjusted EBIT Margin
13.20%
H1 Adjusted Pretax Profit
GBP 29.80 mln
H1 Basic EPS
GBP 0.01
H1 Pretax Profit
GBP 34.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 GBp122.50, about 52.6% above its February 10 closing price of GBp80.30

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nRSK4983Sa

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(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.)