pz cussons

  1. PZ Cussons Announces Sale of African Subsidiaries to Offset Naira Impact

    Nigeria PZ Cussons Announces Sale of African Subsidiaries to Offset Naira Impact

    PZ Cussons Plc plans to sell its African business, including a 73.27% stake in PZ Cussons Nigeria, to reduce exposure to naira fluctuations. The company cites significant financial losses due to the Nigerian naira's 70% devaluation, which has severely impacted earnings and operational costs in...
  2. Shareholders Left Empty-Handed as PZ Cussons Nigeria Reports N96.4 Billion Loss and Negative Equity

    Nigeria Shareholders Left Empty-Handed as PZ Cussons Nigeria Reports N96.4 Billion Loss and Negative Equity

    PZ Cussons Nigeria reports a massive N96.4 billion loss in FY 2024, resulting in negative equity. Despite revenue growth, exchange losses, and macroeconomic challenges have severely impacted the company's finances. Delisting plans face hurdles as the parent company reviews Nigerian operations to...
  3. Concerns Mount Over Potential Job Losses as PZ Cussons Contemplates African Exit Amid Nigerian Sales Decline

    Nigeria Concerns Mount Over Potential Job Losses as PZ Cussons Contemplates African Exit Amid Nigerian Sales Decline

    PZ Cussons Plc, a distinguished British consumer goods conglomerate with a rich legacy dating back 140 years, is weighing the prospect of withdrawing from its African operations. The decision follows a sharp decline in sales within its Nigerian market, prompting the company to reassess its...
  4. PZ Cussons Faces Negative Net Asset Crisis: Board Summons Key Meeting for Solutions

    Nigeria PZ Cussons Faces Negative Net Asset Crisis: Board Summons Key Meeting for Solutions

    PZ Cussons Nigeria Plc has announced an extraordinary general meeting scheduled for March 30th in Abuja, addressing concerns over its negative net asset position as of the end of Q2, 2023/2024. The company's unaudited financial results reveal a staggering after-tax loss of N74.14 billion...
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    Vacancy Graduate Trainee Recruitment Opportunity At PZ Cussons 2021- BusinessFinanceDaily

    https://businessfinancedaily.com/2021/01/11/graduate-trainee-recruitment-opportunity-at-pz-cussons-2021-apply-here/
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    Business PZ Cussons reports N212m loss in Q1 – New Telegraph

    https://www.newtelegraphng.com/pz-cussons-reports-n212m-loss-in-q1/
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    Business PZ Cussons Nigeria announces resignation of its CFO – Nairametrics

    Kola Jamodu, Chairman, PZ Cussons Nigeria Plc In a notice to the Nigerian Stock Exchange (NSE) today, PZ Cussons Plc has announced the resignation of its Chief Financial Officer (CFO) Mr David Petzer. His resignation takes effect from 19th February 2018. Petzer joined the company in September...
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    Business PZ Cussons Profits Slide Due To Nigeria's FX Crisis

    PZ Cussons profits in the year ending in May,2016 has dropped by 5.5 per cent but the management very hopefully of the recently-introduced floating currency regime i Nigeria. PZ Cussons' pre-tax profit of Imperial Leather soap and Original Source shower gel fell 5.3 per cent on the year to...
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