**Summary**
PZ Cussons PLC issued a trading update ahead of its Annual General Meeting on November 20, 2025, highlighting strong performance in the first half of FY26. Key points include
1. **Revenue Growth**Like-for-like (LFL) revenue growth for H1 FY26 is expected to be around 9%, driven primarily by over 25% growth in Africa (both price and volume). Excluding Africa, LFL revenue growth is approximately 2%.
2. **Profit Guidance**The Group raised its FY26 adjusted operating profit guidance to £50–£55 million, up from the previous range of £48–£53 million. Profit is expected to be weighted towards the first half, with increased marketing spend in H2.
3. **Strategic Transactions**The sale of PZ Cussons 50% stake in PZ Wilmar is on track to complete by the end of 2025. The outcome of the strategic review of its Africa business will be announced by February 11, 2026, alongside FY26 interim results.
4. **Company Overview**PZ Cussons is a UK-based consumer goods company with operations in Europe, North America, Asia-Pacific, and Africa, focusing on Hygiene, Baby, and Beauty categories with brands like Carex, Imperial Leather, and St.Tropez.
5. **Cautionary Note**The announcement includes forward-looking statements subject to risks related to supply chain, consumer demand, macroeconomic factors, and strategic decisions.
The update reflects strong performance in Africa and overall optimism for FY26, with ongoing strategic initiatives in focus.