BRIEF-Pz Cussons Sees FY Results In Line With Current Range Of Market Expectations

Published 26/01/2021, 08:16
Updated 26/01/2021, 08:18
© Reuters.

Jan 26 (Reuters) - PZ Cussons PLC PZC.L :
* HALF-YEAR REPORT
* H1 REVENUE ROSE 14.6 PERCENT TO 312.9 MILLION STG
* PZ CUSSONS - HY ADJUSTED PROFIT BEFORE TAX OF £34.9M, AN
INCREASE OF 18.7%
* PZ CUSSONS - HY REPORTED PROFIT BEFORE TAX OF £36.3M
* PZ CUSSONS - INTERIM DIVIDEND MAINTAINED IN LINE WITH LAST
YEAR
AT 2.67P PER SHARE.
* PZ CUSSONS - WE EXPECT TO PERFORM IN LINE WITH CURRENT
RANGE OF
MARKET EXPECTATIONS FOR THIS FINANCIAL YEAR
* PZ CUSSONS - DESPITE EXTERNAL HEADWINDS WE PLAN TO
CONTINUE TO
INCREASE INVESTMENT IN OUR BRANDS
* PZ CUSSONS - IN H2 EXPECT CONTINUED ECONOMIC UNCERTAINTY
FROM
COVID-19, RISK OF WEAKER CONSUMER CONFIDENCE, UPWARD COST
PRESSURE
* PZ CUSSONS - SEES CONTINUED ECONOMIC UNCERTAINTY DUE TO
COVID-19, RISK OF WEAKER CONSUMER CONFIDENCE COMBINED WITH
ALREADY UPWARD COST PRESSURE IN H2
* PZ CUSSONS - EXPECT TO PERFORM IN LINE WITH CURRENT RANGE
OF
MARKET EXPECTATIONS FOR THIS FINANCIAL YEAR
* PZ CUSSONS - REVENUE GREW IN AFRICA BY 5.9% DRIVEN BY
GROWTH IN
ALL CATEGORIES ACROSS OUR NIGERIAN BUSINESS IN HY

Source text for Eikon: ID:nRSZ8313Ma
Further company coverage: PZC.L

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