PZ Cussons Nigeria stock gained 4.97 percent on October 6
Published on 10/08/2026 at 03:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
PZ Cussons Nigeria stock (ISIN NGPZ00000005) gained 4.97 percent on October 6, 2026, as the consumer goods group combined first-quarter revenue growth with a proposed final dividend. The figures show stronger operating performance alongside a sharp decline in quarterly profit after one-off gains faded.
Revenue rises in Q1 FY27
According to Nairametrics on October 1, 2026, revenue for the first quarter of fiscal 2027 reached NGN 64.84 billion, up 10 percent from NGN 59.014 billion in the comparable period. Operating profit rose to NGN 8.54 billion from NGN 5.85 billion, while gross profit increased to NGN 19.78 billion from NGN 15.90 billion.
The quarter also carried a clear earnings-quality counterpoint. Profit after tax was NGN 4.63 billion, compared with NGN 13.49 billion a year earlier, because the prior-year period included NGN 15.74 billion in non-recurring gains, while the latest quarter included NGN 0.51 billion.
Dividend follows annual recovery
For fiscal 2026 ended May 31, 2026, Investors King reported profit after tax of NGN 45.17 billion, 349 percent above NGN 10.07 billion in the previous year. Revenue rose 22 percent to NGN 260.46 billion, operating profit climbed 307 percent to NGN 77.06 billion, and net assets recovered to NGN 66.64 billion from negative NGN 17.34 billion.
The board proposed a final dividend of NGN 2.50 per share under a cash-or-scrip arrangement. Nairametrics reported that October 9, 2026 is the qualification date, October 28, 2026 is the annual meeting, and October 30, 2026 is the payment date.
NGX price remains below yearly high
PZ Cussons Nigeria stock closed at NGN 69.70 on the NGX on October 6, 2026, with a daily gain of 4.97 percent. The price stood below the 52-week high of NGN 109.45 and above the 52-week low of NGN 35.00, while trading volume reached 4,505,872 shares.
PZ Cussons Nigeria stock facts
- Company: PZ Cussons Nigeria Plc
- ISIN: NGPZ00000005
- Ticker: PZ
- Trading venue: Nigerian Exchange
- Price (as of October 6, 2026): NGN 69.70
- Market capitalization: NGN 276.7 billion (as of October 6, 2026)
- 52-week range: NGN 35.00-109.45 (as of October 6, 2026)
- Sector / Industry: Consumer Goods
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