PZ Cussons Nigeria Reports N45.2bn PAT, Proposes N2.50 Dividend

PZ Cussons Nigeria Plc reported a profit after tax of N45.17 billion for the year ended May 31, 2026, up 348.7 per cent from N10.07 billion in 2025.

Profit before tax rose 364.08 per cent to N77.32 billion from N16.66 billion.

The company proposed a dividend of N2.50 per share, compared with none in the previous year.

CEO Oghale Elueni attributed the performance to strong brands, disciplined execution, volume growth, pricing initiatives and efficient working capital management.

Revenue grew 22 per cent, while net assets improved from N17.3 billion negative to N70.6 billion.

The company also recorded volume growth across its electrical and consumer businesses, supporting market share gains and higher household penetration.

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