UK's PZ Cussons falls as unchanged outlook outweighs upbeat H1
06/08/2026 11:51
BUZZ-UK's PZ Cussons falls as unchanged outlook outweighs upbeat H1 ** Shares of British consumer goods firm PZ Cussons PZC.L fall as much as 6.6% to 101.2 pence
** Co keeps annual forecast unchanged despite upbeat first-half profit and revenue
** "The shares probably needed another upgrade to forecasts for 2026/2027, but despite being encouraged by current trading, the company said only that it is comfortable with current market expectations", Nick Hawkins, analyst at Edison Group
** Co expects adjusted operating profit to be in line with current market expectations of £58 million ($78.06 million) to £61.2 million, based on company-compiled consensus
** Stock up ~43% YTD
($1 = £0.7431)
(Reporting by Neeshita Beura in Bengaluru)