PZ Cussons boosted by HSBC despite weak Nigerian naira

Published: 24-Apr-2015
Finance

Currency down around 18% since 2014

You need to be a subscriber to read this article.
Click here to find out more.

Despite former 72-year-old military ruler Muhammadu Buhari returning to power in Nigeria, PZ Cussons, which owns brands including Original Source, Imperial Soap and St Tropez, has seen its Buy rating retained by HSBC.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

Terrible teens: Why beauty brands founded in the 2010s are struggling

Read more
A cohort of beauty brands that dominated in the 2010s are entering their tricky teen years. With growing competition and a much changed beauty landscape, can they become relevant again?

Trending Articles

  1. You need to be a subscriber to read this article.
    Click here to find out more.
    How Shiseido plans to bring Drunk Elephant back from the brink Amid lagging sales and dealing with the aftermath of the ‘Sephora kids’ drama in 2024, Shiseido is not giving up on Drunk Elephant. With a new turnaround strategy already in play, is this enough to save the once mighty skin care business?
  2. Leonard Lauder’s family to sell $1 billion worth of Estée Lauder Companies shares The heir of founder Estée and Joseph Lauder died in June, and cash raised from the sale will be used by his descendants to settle his estate
  3. You need to be a subscriber to read this article.
    Click here to find out more.
    From Fenty Beauty to Rimmel London: Beauty brands which could find new owners in 2026 A number of beauty brands are on the market and could soon find new owners. Cosmetics Business looks at what could happen next in an already busy year for beauty M&A
  4. CurrentBody owner The Beauty Tech Group ups 2025 financial forecast A strong performance has continued into the fourth quarter of 2025 for The Beauty Tech Group, prompting the maker of LED face masks to up its forecast for revenue and earnings
  5. AS Watson Group CEO Malina Ngai named one of Asia's Most Powerful Women by Fortune Ngai was presented with the award at the Fortune Innovation Forum gala dinner held in Kuala Lumpur

Upcoming event

Hair Care Trends 2026: Innovations for the Next Generation of Hair Health

4 and 11 December 2025 | Virtual See all

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

Terrible teens: Why beauty brands founded in the 2010s are struggling

A cohort of beauty brands that dominated in the 2010s are entering their tricky teen years. With growing competition and a much changed beauty landscape, can they become relevant again?
Finance

PZ Cussons raises profit guidance for 2026 due to Africa sales boom

The owner of beauty companies Sanctuary Spa and St. Tropez has reported strong growth in Africa, driven by price and volume increases across the majority of its brands
Skin Care

CurrentBody owner The Beauty Tech Group ups 2025 financial forecast

A strong performance has continued into the fourth quarter of 2025 for The Beauty Tech Group, prompting the maker of LED face masks to up its forecast for revenue and earnings
Finance

AS Watson Group CEO Malina Ngai named one of Asia's Most Powerful Women by Fortune

Ngai was presented with the award at the Fortune Innovation Forum gala dinner held in Kuala Lumpur
You need to be a subscriber to read this article.
Click here to find out more.
Skin Care

How Shiseido plans to bring Drunk Elephant back from the brink

Amid lagging sales and dealing with the aftermath of the ‘Sephora kids’ drama in 2024, Shiseido is not giving up on Drunk Elephant. With a new turnaround strategy already in play, is this enough to save the once mighty skin care business?
You need to be a subscriber to read this article.
Click here to find out more.
Regulatory

Opinion: British Beauty Council CEO Millie Kendall on her latest advocacy plans for UK beauty

Millie Kendall is a beauty maverick known for her work putting the UK beauty industry on the political map. This is what she is pushing the UK Government for behind-the-scenes in 2025, 2026 and beyond
Fragrance

Estée Lauder Companies invests in Mexican luxury fragrance brand XINÚ

The beauty giant has made a minority investment in XINÚ via its corporate venture capital arm, New Incubation Ventures. This is the first time ELC has invested in a Latin American brand
Subscribe now