Join our community of smart investors

Sales falter at streamlined PZ Cussons

Revenue declined in all three of its key geographies as the group continues to hive-off non-core assets
Sales falter at streamlined PZ Cussons

PZ Cussons (PZC), the maker of Imperial Leather soap, will continue to cut away at its non-core operations even if that dents overall sales in the near term. The sales dip at the half year was “largely based on performance in Nigeria, the UK and Australia”, according to interim chief financial officer Alan Bergin, with the group posting weaker comparatives across all three of its key geographies.  

IC TIP: Sell at 196p

To continue reading...
OR
Register for free
Read 3 articles for free each month
Have an account? Sign in