Cussons eyes improvements after 12% of profits washed away
Revenue from continuing operations was down 3.1% to £293.3mln in the first half
Company
PZ Cussons
LON:PZC
PZ Cussons develops leading brands in selected mature and emerging markets that have potential for future growth. Distribution networks in Africa, Asia and Europe, enable PZ Cussons to deliver brands quickly and efficiently to local consumers.
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PZ Cussons warns on profits, boss leaves after 13 years
Full-year like-for-like revenue and adjusted profit before tax are expected to be “modestly below” last year due to “challenging” market conditions
PZ Cussons sells off shower gel brand and olive oil business as it targets return to growth
Profits have plunged over the past couple of years, and PZ Cussons is looking to streamline the business in order to reverse that trend
PZ Cussons takes action as Nigerian troubles expected to persist
“We cannot rely upon short term economic conditions improving markedly in our key markets and are therefore taking action to reposition the group to return to profitable growth”
Investments and investor services
FTSE 100 closes higher as Boris Johnson gets keys to Number 10
London's index of leading shares spent the day in positive territory but gave back gains towards the close
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Regulatory clamp-down set to dent revenues at trading platform IG
A couple of other big names, including SEGRO, PZ Cussons and Paragon, are also set to release results on Tuesday
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FTSE 100 closes near flat as global markets appear uninspired
Footsie closed up nearly a point at 7,368, while mid-cap cousin FTSE 250 shed over 77 points at 19,172
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Tesco’s first quarter set to face tough comparisons
Tesco, DS Smith and PZ Cussons are the standout names in Thursday's diary.
PZ Cussons issues short but reassuring trading statement
After the company's profit warning in January, the market was relieved that there was no bad news in Thursday's update; in fact, it was such a short statement, there was hardly any news in it
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FTSE 100 closes lower ahead of the Easter weekend
The UK's premier stock index finished down around 11 points at 7,459
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Unilever and retail sales in focus ahead of the Easter weekend
Its an early finish for the market this week, but, there's a little bit more news to come.
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Hot cross buns will be wanted but there is still plenty to digest in the week before Easter
There will be plethora of UK data - jobs, inflation, and retail sales - plus corporate updates from the likes of Unilever, BHP Rio Tinto, Bunzl and Rentokil Initial
Soap maker PZ Cussons slides as Nigerian troubles set to wipe £10mln from full-year profits
“Disappointingly, the macroeconomic conditions in Nigeria remain extremely challenging and continue to have a significant negative impact on overall group performance. Reflecting this, we now expect group adjusted profit before tax for the
Investments and investor services
FTSE 100 closes higher; British American Tobacco lights up
The UK's blue-chip benchmark finished over 86 points higher at 6,833, while FTSE 250 closed nearly 168 points higher
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Royal Mail update expected to delivery another decline; second Brexit parliamentary vote key
Aside from the Royal Mail update, investors will also have an eye on news from Hargreaves Lansdown, Crest Nicholson and Domino's Pizza
Investments and investor services
FTSE 100 reverses into close to finish lower as ECB ends QE stimulus program
FTSE 100 closed the day down; Mid-cap cousin FTSE 250 was also off - down over 170 points
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Can Sports Direct avoid the high street gloom when it updates the market on Thursday
Sports Direct and Ocado will be the next retailers in the spotlight as they both update the market.
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All eyes on UK parliament as Brexit deal circus reaches final act
Aside from the crucial Brexit vote, the Week Ahead will also bring UK labour market data, an ECB council meetings and updates from TUI, WPP, Dixons Carphone, Superdry, Ocado and BAT
Strong trading in the UK and Europe offsets weak Nigeria performance for PZ Cussons
The cosmetics maker said that improvement in its African business would be dependent on the macro environment in Nigeria during the remainder of the year
Investments and investor services
FTSE 100 closes near flat as traders sit on hands ahead of Fed
The UK blue-chip index closed nearly four points higher at 7,511