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Media Bites 8 February: Sainsbury s, Co-op, Nestlé, PZ Cussons | News

Media Bites 8 February: Sainsbury s, Co-op, Nestlé, PZ Cussons | News
thegrocer.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegrocer.co.uk Daily Mail and Mail on Sunday newspapers.

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Soap Maker PZ Cussons Warns On Profit

PZ Cussons has warned of lower annual profit as it cut its interim dividend, pressured by the devaluation of the Nigerian currency.

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BUSINESS LIVE: Sainsbury s eyes £1bn of savings; Barratt to buy Redrow

Among the companies with reports and trading updates today are Sainsbury s, Barratt Developments, Redrow, PZ Cussons and Grainger.

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PZ Cussons Swung to Pretax Loss Due to Nigerian Naira Devaluation

By Najat Kantouar PZ Cussons swung to a pretax loss for the first half of fiscal 2024 due to the devaluation of the Nigerian Naira which had a significant impact on its financial performance,.

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PZ Cussons cuts dividend and lowers guidance hit by naira devaluation

PZ Cussons PLC on Wednesday reduced its dividend and lowered profit guidance after performance was hit by the devaluation of the Nigerian naira. The Manchester, England-based consumer goods company.

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