PZ Cussons Nigeria FY2026 Results: Profit, Revenue & Dividend

PZ Cussons Nigeria Plc released its audited group financial results for the year ended 31 May 2026, filed with the exchange on 31 August 2026.

The Group reported revenue of ₦260.5 billion, a 22% increase from ₦212.6 billion recorded in the prior year. Recurring operating profit rose 117% to ₦37.1 billion, while total operating profit reached ₦77.1 billion, supported by non-recurring income from scrap sales and disposal of non-core assets. Profit before tax came in at ₦77.3 billion, and profit after tax stood at ₦45.2 billion.

A notable development in the filing is the Group's equity position. Total equity turned positive at ₦66.6 billion as of 31 May 2026, compared with negative equity of ₦17.3 billion in the preceding financial year. The company attributed this to stronger profitability, capital allocation, exposure management, and settlement of outstanding debt obligations.

Taxation for the year amounted to ₦32.1 billion, up from ₦6.6 billion in the prior year. Share capital remained unchanged at ₦1.985 billion.

The Board has proposed a dividend of ₦2.50 per share, subject to shareholder approval at the Annual General Meeting. The filing was signed by Company Secretary Ms. Oghenekevwe Ogefere and dated 27 August 2026.