REG - PZ CUSSONS PLC - Capital Markets Event

PZ CussonsAnnouncement

11/02/2026 07:02

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RNS Number : 4988S  PZ CUSSONS PLC  11 February 2026

 

11(th) February 2026

CAPITAL MARKETS EVENT

 

PZ Cussons announces renewed Group strategy

 

PZ Cussons plc ("PZ Cussons" or "the Group") is today hosting a Capital
Markets Event for analysts and investors, setting out the Group's renewed
strategy.

 

The presentation will show how PZ Cussons is set to deliver sustainable
shareholder value by building winning portfolios of locally-loved brands
across four lead markets, balanced between developed and emerging economies.
There will be updates on brand-building and innovation and a deep dive into
the Africa business.

 

The afternoon will be hosted by Jonathan Myers, CEO, and will include
presentations from Paul Yocum, Chief Growth & Marketing Officer, Sharon
Goodall, Global Director of R&D and Sustainability and Oghale Elueni,
Managing Director of Africa Consumer Business.

 

The presentations will show that PZ Cussons is now a more focused and more
resilient business, targeting double-digit total shareholder returns through
the cycle, based on:

 

·      Building winning portfolios of locally-loved brands across four
lead markets

·      Leveraging strong go-to-market capabilities and manufacturing
scale

·      A portfolio balanced between developed and emerging markets, with
plans in place to mitigate future risk in Nigeria

·      A strengthened balance sheet, with a progressive dividend and the
opportunity for bolt-on M&A.

 

With a clear right to win, the presentation will also outline a new financial
and value creation framework where, through the cycle, the Group will target:

 

·      Mid-single-digit % like for like revenue growth;

·      High single digit operating profit growth (at constant currency);
and

·      High single-digit EPS growth (at reported currency).

 

Combined with the capital allocation policy set out below, this is expected to
deliver double-digit total shareholder return through the cycle.

 

The Group's capital allocation policy which defines the use of surplus cash
after re-investment in the business is as follows:

 

1.   Net debt / EBITDA to be in the range of 1.0-1.5x, excluding cash held
in Nigeria;

2.   A progressive dividend;

3.   Bolt-on M&A, prioritising UK and Australia, to be considered
alongside cash returns to shareholders.

 

Jonathan Myers, Chief Executive Officer, said: "We are setting out plans in
our Capital Markets Event to deliver sustainable shareholder value, building
winning portfolios of locally-loved brands in four lead markets. This follows
the conclusion of our strategic review in December which resulted in a
significantly strengthened balance sheet and a more focused and more resilient
business. With a balance between developed and emerging markets and building
on competitive go-to-market capabilities and manufacturing scale, we are
targeting double-digit total shareholder return through the cycle."

 

 

The presentation is in person in London and will commence promptly at 14:00
(GMT). A recording will be published on the Group's corporate website
following the event.

 

Institutional investors who would like to attend the event should register
their interest with PZCussons (mailto:PZCussons@headlandconsultancy.com)
@headlandconsultancy.com (mailto:PZCussons@headlandconsultancy.com) .

 

No further price-sensitive information will be provided at the event.

 

For further information please contact:

Investors

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

 

Media

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

Susanna Voyle, Charlie Twigg

 

About PZ Cussons

PZ Cussons is a listed consumer goods business headquartered in Manchester,
UK, employing just under 2,500 people internationally. Since our founding in
1884, we have been creating products to delight, care for and nourish
consumers. We are focused on our lead markets of the UK, ANZ, Nigeria and
Indonesia across the core categories of Personal, Home and Baby Care. Our
locally-loved brands include Carex, Childs Farm, Cussons Baby, Imperial
Leather, Morning Fresh, Original Source, Premier, Sanctuary Spa, Stella and
St.Tropez. Sustainability and the wellbeing of our employees and communities
everywhere are core to what we do and captured by our purpose: For everyone,
for life, for good.

 

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