PZ Cussons washes pre-pandemic struggles away as soap sales boost profits January 26, 2021 A surge in hand washing products helped PZ Cussons shine as pandemic-led demands boosted its first-half profits. The consumer group’s focus brands grew revenue by 21.9 per cent as overall growth reached 14.6 per cent across the world. Carex led the way with £313m of sales, a 10 per cent increase on the previous year, [...]
PZ Cussons chief executive quits as ‘challenging market conditions’ hit UK profit December 12, 2019 The chief executive of PZ Cussons has called time on his 13-year reign at the consumer healthcare manufacturer, as the company blamed “challenging market conditions” for a decline in first-half profit. Alex Kanellis said he would retire from the role on 31 January after being with the firm since 1993, and chief executive since 2006. [...]
PZ Cussons offloads brands to focus on core products August 29, 2019 Consumer goods giant PZ Cussons will offload two brands as part of a strategic shift to focus on its core product range. PZ Cussons, the owner of brands such as Carex and Imperial Leather, has sold its Greek olive oil subsidiary Minerva to Mirties Enterprises Company, a firm controlled by Luxembourg investment company Diorama Investments, [...]
PZ Cussons remains cautious over full year outlook due to challenges in Nigeria December 13, 2018 Consumer goods manufacturer PZ Cussons reported good performance in Europe and Asia in its half-year results, but warned of challenging trading conditions in Africa. PZ Cussons, which owns brands such as Imperial Leather and Original Source, said new products and increased distribution had driven its strong trading in the six months to the end of [...]