PZ Cussons increases its 2014 full year dividend by 5%

DividendMax Ltd.

PZ Cussons increases its 2014 full year dividend by 5%

Group Highlights

Revenue growth in constant currency of 2% on prior year; in addition JV revenue increasing by £172m

Operating profit growth of 7% despite the impact of weakening currencies

Excluding the impact of exchange rates, operating profit would have been 18% higher than prior year

Rafferty's Garden acquisition completed early in the year for £42.2m in cash

Disposal of Polish Home Care brands completed in February for £46.6m in cash

Strong balance sheet with only a small net debt position at the end of the year

Total dividend increased 5% year on year being the 41st year of consecutive year on year increases

Companies mentioned