Pz Cussons Share Discussion Threads

[philanderer] 08/10/2019 11:32

PZ Cussons Chemistry Challenge holds capacity enhancement training for teachers

[philanderer] 02/10/2019 12:21

Good move up on an awful market day.

[philanderer] 25/9/2019 16:44

G, they did better than I thought they would especially on a bad market day.

Edit..ShoreCap HOLD. reiteration

[gateside] 25/9/2019 08:23

Yes, not a very overly encouraging statement

[philanderer] 25/9/2019 07:26

Not overly inspiring. In these markets 200p ?

[philanderer] 24/9/2019 15:27

Trading update tomorrow

[philanderer] 14/9/2019 00:21

Imperial Leather manufacturer PZ Cussons will continue to be Manchester City FC's official personal care partner in Nigeria after its partnership was extended.

PZ Cussons’ soap brand, Premier Cool, which was launched in Nigeria in 2010 and has recently been relaunched to the market, has released City-branded personal care products in Nigeria, as well as digital and on-pack promotions to engage with fans and consumers.

[philanderer] 11/9/2019 17:43

11th sept Shore Cap hold

reiterates

[cokehookerscars] 31/8/2019 00:41

Great news.

[gateside] 31/8/2019 00:23

Most palm oil comes from Indonesia, Malaysia and Thailand. So I don't believe the fires in the Amazon will have much of a direct effect on PZC

[cokehookerscars] 31/8/2019 00:05

I wonder which of its palm oil suppliers will come out of the recent Amazon news unscathed.

hxxps://www.pzcussons.com/en_int/news/pz-cussons-statement-palm-oil

[cokehookerscars] 30/8/2019 04:41

Won't the whole palm oil thing rear it's ugly head again in light of the Amazon fires. That can't be good for PZC.

[philanderer] 29/8/2019 23:54

A good turnaround in the share price anyway.

Market report:

Consumer goods firm PZ Cussons tracked higher after it agreed to offload two of its brands as it hones in on its core ranges.

It will sell Greek food business Minerva for £41million to a company controlled by Luxembourg-based investment firm Diorama. And it has exchanged contracts on the sale of its Polish personal care brand, Luksja, to Athens-based Sarantis. Shares rose 2.2 per cent, or 4.5p, to 210p.

[toffeeman] 29/8/2019 09:55

Times says avoid

[philanderer] 29/8/2019 09:44

That's not set the world alight. Well flagged I suppose.


PZC....entered into agreements to sell its Greek food subsidiary Minerva and its Polish personal care brand Luksja.

[philanderer] 14/8/2019 10:10

PZ Cussons unveils new Premier Cool soap, variants

Read more at:

[philanderer] 08/8/2019 17:47

Just -1p today as we went xd for 5.61p

[cokehookerscars] 23/7/2019 14:01

Pre-tax profits fell 37.5 per cent to £37m in the year to the end of May

:-(

[philanderer] 23/7/2019 13:19

Numis and Cazenove notes here:

[philanderer] 23/7/2019 12:57

++ PZ Cussons to sell non-core units to focus on personal care and beauty brands

++ It will also slim down its Nigerian operations, which have underperformed

++ Pre-tax profits fell 37.5 per cent to £37m in the year to the end of May


'Consumer goods firm PZ Cussons already delivered a hefty profit warning to get the market in a lather in January but if investors thought all the bad news was out of the way they need to think again, ' said Russ Mould at AJ Bell.

'The dreaded word 'transitional' is being applied to the year but the company is at least taking action – with a plan to pull back from some non-core brands and geographies in order to return to sustainable growth. And chief executive Caroline Silver suggests she will not waste time, pledging to 'act at pace'. '

[philanderer] 23/7/2019 11:43

Very little reaction today , less than 80,000 shares traded so far. But recent gains seem to be holding.

[philanderer] 23/7/2019 09:42

Missed this from last week..

"Why PZ Cussons leaves Greece"

Changing the global strategy of the multinational PZ Cussons group and its decision to exit the food industry brings about a reorganization of the domestic olive oil market by selling Minerva.

The deadline for submitting bids for the sale of the company expired yesterday and the multinational group, which apart from Greece has significant activity in the food sector and in Nigeria, is expected in the near future, in cooperation with its financial advisor KPMG to reach the preferred investor.

According to market sources, two are interested investors, out of a total of four who initially expressed interest in acquiring the olive oil company. These are Melissa - Kikiza and Deca Investments. Melia - Kikiza is not the first time to look at the olive oil industry.

In the past, it has been interested in acquiring Elai in the first attempt to sell the company by Unilever Group with Deca Investments interested in companies that can value in its portfolio.

The Minerva during the fiscal year ended May 31, 2018 (June 1, 2017 - May 31, 2018), showed a sales decrease of 13% to 55.64 mil. Euro. Similarly, the cost of selling from the high prices of raw materials in butter and olive oil, which led the gross profit margin to 19%, was 22%.

As a result, net pre-tax profits were reduced, amounting to € 617 thousand versus € 2.3 million. However, despite the unfavorable situation, Minerva remains with high creditworthiness and zero lending, and has also made significant investments.

Although declining its financial results, it has continued to invest in production facilities and modernization that approached € 6 million. In particular, it has completed a multi-annual investment program of € 3.2 million, which concerned the modernization of the facilities and production process at the dairy line of the Ioannina plant and the Andravida milk plant.

At the same time, the transfer and modernization of the TOP production line from Piraeus to Schimatari was completed, an investment of 2.5 million euros. In addition to the internal market, Minerva is also present on international markets, with exports accounting for more than 12% of total turnover.

[philanderer] 23/7/2019 08:39

Nigeria week as expected but no mention of Poland and Greece that I could see.

Dividend unchanged.

Analysts' presentation at 10.00am

Shore Cap - 'hold' .. retains

[philanderer] 22/7/2019 20:53

Market report:

The maker of Imperial Leather and Carex, PZ Cussons, jumped ahead of its full-year results as analysts at Numis said the soap maker could signal the disposal of non-core operations such as those in Poland and Greece or its Nigerian milk unit. Shares ended 10p higher at 227p, a rise of 4.6pc.

[cokehookerscars] 22/7/2019 17:45

Just breaking even on pz cussons at the moment.
If we get any uplift tomorrow I'll cut and run I think :-(