PZ Cussons Plc (PZC.L), Thursday announced an update on current trading, expecting like-for-like revenue growth of about 9 percent for the first half of fiscal year 2026.
The update reflects growth of over 25 percent in Africa, driven by both price and volume with the majority of brands gaining share during the first half of the year.
Backed by the Group's performance to date, it has increased its adjusted operating profit to a range of 50 to 55 million pounds, instead of previously announced 48 to 53 million pounds.
Additionally, the Group informed that the transaction to sell its 50 percent stake in PZ Wilmar remains on track to complete by the end of the calendar year.
Currently, PZ's stock is trading at 77.95 pence, up 14.46 percent on the London Stock Exchange.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.