Meeting PZ Cussons’ CEO: Lee and the IC
About this episode
The episode features an interview with PZ Cussons' CEO Jonathan Myers discussing the company's strategy and future outlook.
PZ Cussons, known for brands such as Imperial Leather, Carex and Original Source, has been around for more than a century, but its shape and focus today are very different from its origins. The FTSE 250 consumer goods giant is focusing on core brands and expanding overseas, and owns market-leading products in a host of countries around the world. But M&A deals, both good and bad, have meant there are questions to be asked around the company’s strategy, balance sheet and future priorities, all of which Alex Newman and Lord John Lee put to CEO Jonathan Myers. The trio discuss PZ Cussons’ expansion overseas, its share price valuation, where it can save costs, the stake owned by one of the founders’ families and much more. Let us know your thoughts, or if you have any questions or any suggestions for future guests, by emailing alex.newman@ft.com Listen to more podcasts from Investors’ Chronicle by clicking here or heading to Apple , Spotify and YouTube Timestamps 00:00 Intro 00:49 What is PZ Cussons? 02:56 Lord Lee's involvement 06:33 Strategic review 10:31 Offers for African business 13:39 Value of the brands 16:02 Is the valuation low? 19:34 Innovation and…
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