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BRIEF-PZ Cussons Says HY Adjusted Revenue From Continuing Operations £293.3Mln

Published 28/01/2020, 08:25
BRIEF-PZ Cussons Says HY Adjusted Revenue From Continuing Operations £293.3Mln
PZC
-

Jan 28 (Reuters) - PZ Cussons PLC PZC.L :

* PZ CUSSONS PLC- INTERIM ANNOUNCEMENT OF RESULTS FOR HALF

YEAR TO

30 NOVEMBER 2019

* PZ CUSSONS PLC- HY ADJUSTED REVENUE FROM CONTINUING

OPERATIONS

£293.3M VERSUS £302.8M

* PZ CUSSONS PLC- HY ADJUSTED PROFIT BEFORE TAX FROM

CONTINUING

OPERATIONS £28.0M VERSUS £31.8M

* PZ CUSSONS PLC- HY REVENUE FROM CONTINUING OPERATIONS

£293.3M

VERSUS £302.8M

* PZ CUSSONS PLC- HY PROFIT BEFORE TAX FROM CONTINUING

OPERATIONS

£34.7M VERSUS £25.8M

* PZ CUSSONS PLC- CHALLENGING MARKET CONDITIONS ACROSS KEY

GEOGRAPHIES LED TO A DECLINE IN GROUP REVENUE OF 4.3%

* PZ CUSSONS PLC- HY ADJUSTED OPERATING PROFIT OF £30.3M

VERSUS

£34.3M

* PZ CUSSONS- STRONGER H2 PROFIT BEFORE TAX IS EXPECTED

SUBJECT TO

NO FURTHER WORSENING OF ECONOMIC AND TRADING ENVIRONMENTS ACROSS

OUR KEY GEOGRAPHIES

* PZ CUSSONS PLC- FULL YEAR REVENUE AND PROFIT BEFORE TAX

CONTINUING OPERATIONS IS EXPECTED TO BE MODESTLY BELOW PRIOR

* PZ CUSSONS- CHALLENGING NIGERIAN ECONOMY RESULTED IN

CONTINUED

WEAKNESS IN MASS MARKET HOME AND PERSONAL CARE SALES, WITH

REGIONAL REVENUE 4.4% LOWER

* PZ CUSSONS PLC- UK SHARE GROWTH IN WASHING AND BATHING

CATEGORY

DESPITE DIFFICULT TRADING ENVIRONMENT

Source text for Eikon: ID:nRSb1229Ba

Further company coverage: PZC.L

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