🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

BRIEF-Pz Cussons CEO Kanellis Retires; H1 Oper Profit Falls

Published 12/12/2019, 08:30
Updated 12/12/2019, 08:36
© Reuters.  BRIEF-Pz Cussons CEO Kanellis Retires; H1 Oper Profit Falls
PZC
-

Dec 12 (Reuters) - PZ Cussons PLC PZC.L :

* PZ CUSSONS PLC - CHALLENGING MARKET CONDITIONS ACROSS KEY

GEOGRAPHIES LED TO A DECLINE IN FIRST HALF REVENUE AND OPERATING

PROFIT COMPARED WITH LAST YEAR

* PZ CUSSONS PLC - SALE OF GREEK AND POLISH BUSINESSES

AGREED;

PORTFOLIO RESTRUCTURING CONTINUES

* PZ CUSSONS PLC - MARKET SHARE GREW IN UK, USA AND

INDONESIA,

WITH REVENUE FOR OUR FOCUS BRANDS STABLE VERSUS LAST YEAR

* PZ CUSSONS PLC - OVERHEAD SAVING INITIATIVES UNDERWAY;

FURTHER

DETAILS TO BE PROVIDED LATER IN YEAR

* PZ CUSSONS PLC - A STRONGER SECOND HALF IS EXPECTED

SUBJECT TO

NO FURTHER WORSENING OF ECONOMIC AND TRADING ENVIRONMENTS

* PZ CUSSONS PLC - FULL YEAR REVENUE AND ADJUSTED PROFIT

BEFORE

TAX IS EXPECTED TO BE MODESTLY BELOW PRIOR YEAR ON A

LIKE-FOR-LIKE BASIS

* ANNOUNCED THE RETIREMENT OF ALEX KANELLIS, GROUP CHIEF

EXECUTIVE

OFFICER, WITH EFFECT FROM 31 JANUARY 2020

Source text for Eikon: ID:nRSL5916Wa

Further company coverage: PZC.L

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.