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PZ Cussons reports 5.4% revenue increase as Africa strategic review delivers
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Cosmetics Business
PZ Cussons, the owner of tanning brand St. Tropez and body care business Sanctuary Spa, has reported strong sales in FY26 after a strategic review of its Africa business paid off.
PZ Cussons also saw a net debt reduction of £87m to £25m, driven primarily by proceeds from the sale of the PZ Wilmar joint venture in 2026 – a partnership with Singapore-based agribusiness giant, Wilmar International.
In 2026, PZ Cussons completed a strategic review of its Africa business and established the group’s refreshed strategy, delivering growth from hero brands in the market.
Looking ahead to FY27, PZ Cussons stated that trading has started in line with expectations.
Myers added: “At the same time, we completed our strategic review and established a refreshed strategy with a clearer financial framework and capital allocation policy.