Tag: PZ Cussons

  • PZ Cussons rebounds into profit as half-year results show a turnaround

    PZ Cussons rebounds into profit as half-year results show a turnaround

    Photo Credit: The Punch

    2025-12-24 07:11:00

    Reporting by PUNCH indicates PZ Cussons Nigeria returned to a strong profit position in its half-year results, reversing prior weakness and pointing to better pricing, improved margins, and tighter cost control.

    The interim numbers showed a notable lift in profitability, suggesting management is gaining traction on operational efficiency despite Nigeria’s tough consumer environment.

    If the trend holds, investors will watch for whether the profit is driven by sustainable volume recovery or largely by pricing and currency-linked effects—especially as purchasing power remains under strain.

    MarketScreener’s data summary of the filing notes: “For the six months, sales was NGN 127,902.6 million… Net income was NGN 21,428.3 million.” In the company’s NGX interim highlights, it lists: “Basic and diluted earnings per share (Naira) 5.17.”

    Echotitbits take: This is a snapshot of how consumer-goods firms are navigating inflation and FX pressures—reprice, optimize, and protect margins. Watch next for evidence of volume growth, not just margin expansion.

    Source: The Punch — December 24, 2025 (https://punchng.com/pz-posts-n21-4bn-half-year-profit/)

    The Punch 2025-12-24

  • PZ Cussons Suspends Africa Exit Plan, Bets on Nigeria’s Recovery

    PZ Cussons Suspends Africa Exit Plan, Bets on Nigeria’s Recovery

    Photo Credit:Punch Newspapers

    Consumer goods giant PZ Cussons has withdrawn its earlier plan to exit Africa, saying it now sees a path to recovery and growth in Nigeria after a period of macroeconomic headwinds. The company cited stabilising reforms, improving foreign‑exchange conditions and signs of demand recovery as reasons for maintaining its Nigerian operations.

    Management explained that restructuring efforts, portfolio optimisation and better pricing strategies are helping to restore profitability. The decision is expected to reassure investors, protect local jobs and sustain competition in Nigeria’s fast‑moving consumer goods market, which has been under pressure from inflation and currency depreciation.

    Source: Punch Newspapers – 12 Dec 2025

    2025-12-12 10:00:00 Punch Newspapers – 12 Dec 2025 2025-12-12