PZ Cussons Plc Declares an Interim Dividend for the Half-Year Ended November 30, 2016, Payable on April 7, 2017; Announces Unaudited Consolidated Earnings Results for the Six Months Ended November 30, 2016
January 24, 2017 at 07:00 am
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PZ Cussons Plc declared an interim dividend of 2.67 pence per share for the half-year to November 30, 2016 (30 November 2015: 2.61 pence) has been declared totaling £11.1 million (30 November 2015: £10.9 million) and is payable on April 7, 2017 to shareholders on the register at the close of business on February 17, 2017.
The company announced unaudited consolidated earnings results for the six months ended November 30, 2016. For the period, the company reported revenue of £378.2 million, operating profit of £26.5 million, profit before taxation of £24.9 million, profit for the period attributable to owners of the parent of £19.2 million compared to the revenue of £385.9 million, operating profit of £43.1 million, profit before taxation of £40.0 million, profit for the period attributable to owners of the parent of £28.9 million for the same period a year ago. Basic and diluted EPS was 4.59 pence against 6.75 pence a year ago. Adjusted basic and diluted EPS was 6.50 pence against 7.28 pence a year ago. Net cash generated from operating activities was £26.5 million compared to £11.5 million a year ago. Purchase of property, plant and equipment was £16.9 million compared to £17.1 million a year ago. Net debt was £191.3 million against £191.0 million a year ago.
PZ Cussons plc is a United Kingdom-based company engaged in the consumer goods business. The principal activities of the Company and its subsidiaries are the manufacture and distribution of soaps, detergents, toiletries, beauty products, pharmaceuticals, electrical goods, edible oils, fats and spreads and nutritional products. Its Europe & the Americas and Asia Pacific segments are engaged in the sale of hygiene, beauty, and baby products. Its Africa segment is engaged in the sale of hygiene, beauty, and baby products as well as electrical products. Its Central segment comprises the activities of its in-house fragrance business. Its hygiene brands include Joy, Carex, Imperial Leather, Original Source, Premier Cool, Haier Thermocool, Morning Fresh, and others. Its beauty brands include St.Tropez, Sanctuary Spa, Fudge Professional, Charles Worthington, Fudge Urban, and Venus for You. The Companyâs baby brands are Raffertyâs Garden, Childs Farm, Cussons Baby, and Cussons Kids.
PZ Cussons Plc Declares an Interim Dividend for the Half-Year Ended November 30, 2016, Payable on April 7, 2017; Announces Unaudited Consolidated Earnings Results for the Six Months Ended November 30, 2016