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BRIEF-PZ Cussons says FY performance has been in line with expectations
June 15, 2017 / 6:27 AM / 6 months ago

BRIEF-PZ Cussons says FY performance has been in line with expectations

June 15 (Reuters) - Pz Cussons Plc

* Board is pleased to announce that overall performance of group has been in line with expectations

* Group’s balance sheet remains strong with cash generation for period also in line with expectations

* In nigeria, whilst liquidity has improved during H2, availability of us dollars at interbank rate remains low resulting in need to continue accessing secondary market

* In Nigeria, all business units across personal care, home care, electricals and food & nutrition have continued to trade relatively well

* Strength and agility of group’s brand portfolio is underpinning solid performance in all regions and new product launches are performing well

* Group’s balance sheet remains strong and well placed to pursue new opportunities as they arise

* Performance in smaller markets of Poland and Greece has been in line with expectations Source text for Eikon: Further company coverage:

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