PZ Cussons Plc (PZC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning or good afternoon all and welcome to the PZ Cousins Half Year Results Call. My name is Adam and I'll be your operator today. If you'd like to ask a question during the Q&A portion of today's call, please dial in and press star followed by 1 on your telephone keypad to join the queue. I will now hand the floor to CEO Jonathan Myers to begin. So Jonathan, please go ahead when you're ready. Thanks Adam and good morning everyone and thank you for dialing in to our first half year results presentation for PZ Cousins Financial Year 2026. I'll start off with an overview of our performance and provide colour on some of the drivers behind it and how we are moving to be a more focused and more resilient business. I'll then hand over to Sarah to take us through a review of the financials before we finish with the time for your questions. As many of you will be aware and certainly are joining, we are hosting a capital markets event this afternoon in London which is intended to address many of the questions that may be on your mind about the future of plans for this afternoon. So, let's get going with the results we announced this morning then. Overall, we delivered a strong financial performance in the first half of the year, with broad-based growth and a healthy balance of price mix and volume. I'll come on to more of this in just a moment. In December, we announced the conclusion of the strategic review of our after-operation, following our own I'll provide an update on TantraPay in the coming minutes, but the consequent spell of our sharing the T-BED Wilmar joint venture through Wilmar, along with the ongoing disposal of other non-core assets in Africa and Asia, has resulted in a significant difference in balance sheet, and in T-BED becoming a more focused and mo...