PZ Cussons - Scrubbing up nicely

PZ Cussons is demonstrating the benefits of sharper operational focus and improved execution. Its newly stated ambition is to deliver like-for-like revenue growth in the mid-single digits and high single-digit growth in earnings per share annually, a double-digit total return for shareholders given the 3.6p dividend. With the balance sheet now back to strength and a clear strategy for growth, investor confidence has responded positively, with the share price reaching its highest level in 16 months. We believe sentiment has started to turn.

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