PZ Cussons Sells Stake in Nigerian JV and Reports FY25 Growth

PZ Cussons ( (GB:PZC) ) has issued an announcement.

PZ Cussons has announced the sale of its 50% stake in the Nigerian joint venture PZ Wilmar to Wilmar International for $70 million, as part of a strategic portfolio transformation aimed at maximizing shareholder value. This move is expected to reduce the company’s exposure to the volatile Nigerian market and improve its financial metrics by reducing gross debt. The company also reported an 8% like-for-like revenue growth for FY25, driven by strong performance in Africa and a return to growth in APAC, despite challenges in the US market. The sale is anticipated to complete in late 2025, pending approvals, and will allow PZ Cussons to focus on strengthening its core brands and achieving sustainable growth.

The most recent analyst rating on (GB:PZC) stock is a Hold with a £1.25 price target. To see the full list of analyst forecasts on PZ Cussons stock, see the GB:PZC Stock Forecast page.

Spark’s Take on GB:PZC Stock

According to Spark, TipRanks’ AI Analyst, GB:PZC is a Neutral.

PZ Cussons faces significant financial and technical challenges, with declining revenues and weak technical indicators. However, insider buying by executives reflects confidence in long-term strategy, partially offsetting some of the financial and valuation concerns.

To see Spark’s full report on GB:PZC stock, click here.

More about PZ Cussons

PZ Cussons is a consumer goods company headquartered in Manchester, UK, with operations in Europe, North America, Asia-Pacific, and Africa. Founded in 1884, the company focuses on Hygiene, Baby, and Beauty products, with well-known brands such as Carex, Childs Farm, Cussons Baby, and St. Tropez. The company emphasizes sustainability and community wellbeing as core elements of its business strategy.

Average Trading Volume: 444,159

Technical Sentiment Signal: Strong Sell

Current Market Cap: £336.4M

See more data about PZC stock on TipRanks’ Stock Analysis page.