UK's PZ Cussons climbs to near two-year high on upbeat annual profit forecast
Today 12:42
BUZZ-UK's PZ Cussons climbs to near two-year high on upbeat annual profit forecast Updates
June 17 (Reuters) - ** Shares of British consumer goods firm PZ Cussons PZC.L up as much as 10.1% at 100.6 pence, highest since September 2024
** PZC top gainer on London's small caps index .FTSC
** Co sees annual profit at or slightly above the top end of its forecast range, supported by robust sales and stabilisation of the Nigerian naira
** Of four analysts covering the stock, three rate it "buy" or higher and one "hold"; median PT 120p - LSEG-compiled data** As of Tuesday's close, stock had risen 23.6%, compared with a 4.81% YTD increase in FTSC
(Reporting by Amna Mariyam and Simone Lobo in Bengaluru)
((amna.mariyam@thomsonreuters.com; 8448625620))
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Brief: PZ Cussons Expects Fy26 Adj Operating Profit At Or Above £57 Million Guidance Upper End
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