Otro UK champion (29 años) en apuros después de hacer público un “profit warning”. El yield se dispara hasta el 3,57%
Cussons, which owns the Imperial Leather brand, said trading has worsened since its half year and profits will miss annual targets due to problems in the UK and Nigeria.
For the full year to May, profits will be £80mln-£85mln, down from £103.5mln a year ago.
“Consumer confidence remains an issue in the UK, due to economic uncertainty and high inflation/low wage growth conundrum. Inflation is also dampening demand and prices in Nigeria,” said Mike van Dulken, head of research at Accendo Markets.
“A cost cutting review has also been announced, focusing on less packaging and fewer, simpler but bigger projects. But will this be enough?”