REG - PZ CUSSONS PLC - AGM Trading Statement

PZ CussonsAnnouncement

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RNS Number : 2634I  PZ CUSSONS PLC  20 November 2025

 

 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation. Upon the publication of this announcement via a
Regulatory Information Service, this inside information is now considered to
be in the public domain.

 

20 November 2025

AGM TRADING STATEMENT

 

Ahead of its Annual General Meeting which takes place today, PZ Cussons issues
the following update on current trading.

Like-for-like ('LFL') revenue growth for H1 FY26 is expected to be c.9%. This
primarily reflects growth of over 25% in Africa, driven by both price and
volume with the majority of brands gaining share during the first half of the
year. Excluding Africa, LFL revenue growth is expected to be c.2%.

 

As a result of this performance to date, the Group is today increasing its
guidance for FY26 adjusted operating profit to a range of £50 to £55
million, compared to a range of £48 to 53 million previously. Adjusted
operating profit is expected to be weighted towards the first half of the
year, with an increase in marketing spend in the second half.

 

The transaction to sell the Group's 50% stake in PZ Wilmar remains on track to
complete by the end of the calendar year.

 

The Group expects to announce the outcome of the strategic review of its
Africa business by the time it reports FY26 interim results on Wednesday 11
February.

 

For further information please contact:

Investors

Simon Whittington - IR and Corporate Development Director      +44 (0) 77
1137 2928

 

Media

Headland
PZCussons@headlandconsultancy.com
+44 (0) 20 3805 4822

Susanna Voyle, Stephen Malthouse, Charlie Twigg

 

Notes to Editors

 

About PZ Cussons

PZ Cussons is a listed consumer goods business headquartered in Manchester,
UK. We employ just under 2,500 people across our operations in Europe, North
America, Asia-Pacific and Africa. Since our founding in 1884, we have been
creating products to delight, care for and nourish consumers. Across our core
categories of Hygiene, Baby and Beauty, our trusted and well-loved brands
include Carex, Childs Farm, Cussons Baby, Imperial Leather, Morning Fresh,
Original Source, Premier, Sanctuary Spa and St.Tropez. Sustainability and the
wellbeing of our employees and communities everywhere are at the heart of our
business model and strategy, and captured by our purpose: For everyone, for
life, for good.

Cautionary note regarding forward-looking statements

This announcement contains certain forward-looking statements relating to
expected or anticipated results, performance or events. Such statements are
subject to normal risks associated with the uncertainties in our business,
supply chain and consumer demand, along with risks associated with
macroeconomic, political and social factors in the markets in which we
operate. While we believe that the expectations reflected herein are
reasonable based on the information we have as of the date of this
announcement, actual outcomes may vary significantly owing to factors outside
the control of the PZ Cussons Group, such as cost of materials or demand for
our products, or within our control such as our investment decisions,
allocation of resources or changes to our plans or strategy. The PZ Cussons
Group expressly disclaims any obligation to revise forward-looking statements
made in this or other announcements to reflect changes in our expectations or
circumstances. No reliance may be placed on the forward-looking statements
contained within this announcement.

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