PZ Cussons

PZC · Main Market · Personal Care, Drug and Grocery Stores · mcap £399m · 96.5p

PZ Cussons owns personal care and hygiene brands such as Imperial Leather, Carex, Original Source, Childs Farm and St. Tropez. It sells mainly in the UK, Australia, Nigeria and other African markets.

Target	Promise	Said	Status
2025
FY25	Sell the St. Tropez brand	24 Apr 2024	✗ Missed · target changed
	“Plans to dispose of the St. Tropez business are progressing and we are now considering a partial or full sale of our African business” Also stated 18 Sep 2024 Result In June 2025 the brand was retained with a US partnership with Emerson instead of a sale. “the Board has decided to retain St. Tropez and set a new strategic direction for the brand.”26 Jun 2025 · Update on St. Tropez “A critical component of the plan includes the formation of a strategic partnership with The Emerson Group ('Emerson').”26 Jun 2025 · Update on St. Tropez
2026
FY26	Adjusted operating profit of £48-53m in FY26 excluding PZ Wilmar	17 Sep 2025	✗ Missed · target changed
	“the Group now expects to report FY26 adjusted Operating Profit at, or slightly above, the upper end of the previously guided range of £53-57 million” Also stated 17 Jun 2026 Result Guidance was raised to £50-55m, then £53-57m. Actual was £59.5m. “the Group is today increasing its guidance for FY26 adjusted operating profit to a range of £50 to £55 million, compared to a range of £48 to 53 million previously.”20 Nov 2025 · AGM Trading Statement “Adjusted operating profit: £53-57 million (£50-55 million previously)”11 Feb 2026 · Half-year Results