PZ Cussons Nigeria proposed a final dividend of N2.50 per share for the financial year ended May 31, 2026, marking its return to dividend payments after a four-year pause since 2022.
The manufacturer of personal care products grew its after-tax profit to N45.17 billion, as the board approved N9.93 billion in dividend payment.
Its revenue grew to N260 billion in FY2026, representing a 22.4 percent increase year-on-year from N212 billion in FY2025.
A breakdown showed that the turnover was driven mostly by its Home and Personal Products segment, which accounted for 58 percent of total revenue, while the Durable Electrical Appliances segment accounted for the rest.
The firm faced increased cost pressure, as cost of sales jumped year-on-year from N154 billion in FY2025 to N187 billion in FY2026. However, gross profit increased year-on-year from N57.71 billion in 2025 to N73.26 billion in 2026.
Other operating costs, including SG&A and administrative
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