Cussons shares boosted by positive trading update

Shares of Manchester consumer products company PZ Cussons plc rose about 7% on Tuesday after it published a trading update for its third quarter, ended February 28, 2026.

Cussons said it now expects to report adjusted operating profit towards the upper end of its previously updated £53 million-£57 million guidance range.

“The positive trading momentum in the first half of the year has continued, with 6.3% Group LFL revenue growth in Q3 (H1 FY26: 9.5%),” said the Manchester firm.

“On a reported basis, revenue growth was 5.0% (H1 FY26: 8.0%).

“Reflecting the performance to date, with further stability in the Nigerian Naira and careful cost management, the group now expects to report adjusted operating profit towards the upper end of the previously updated £53-57 million guidance range.

“While this guidance remains subject to movements in the Nigerian Naira in the remaining weeks of the financial year, the actions management have taken to mitigate against future volatility have continued to reduce the Group’s sensitivity to such fluctuations.”