PZ Cussons Reports N260.46bn Revenue for 2026FY

PZ Cussons Nigeria Plc, a leading manufacturer of personal healthcare products and consumer goods, recorded a revenue of N260.46 billion for the financial year ending May 31, 2026, representing a 22% growth from N212.63 billion in 2025. The Board proposed a dividend payout of N2.50 per share, pending shareholder approval at the Annual General Meeting scheduled for October 28, 2026.

The audited financial results revealed a significant increase in recurring operating profit, which rose by 117% to N37.1 billion. Total operating profit reached N77.1 billion, bolstered by improved performance and non-recurring income from scrap sales and asset disposals.

Oghenekevwe Ogefere, the Company Secretary, stated that the results reflect the company's commitment to brand investment, product innovation, and disciplined cost management. The Group's total equity improved to N66.6 billion, up from a negative equity of N17.3 billion the previous year.

Profit before tax rose to N77.3 billion, while profit after tax increased to N45.2 billion.