Edition:
India

PZ Cussons ‍Says Revenue For H1 2017 Was Slightly Higher Than Prior Period​


Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Pz Cussons Plc ::‍REVENUE FOR HALF YEAR TO 30 NOVEMBER 2017 WAS SLIGHTLY HIGHER THAN PRIOR PERIOD​.‍FIRST HALF OPERATING PROFITS WILL BE APPROXIMATELY 10% LOWER THAN PREVIOUS PERIOD​.‍BRAND INITIATIVES PLANNED ACROSS GROUP FOR SECOND HALF ARE EXPECTED TO DELIVER A FULL YEAR OUTTURN BROADLY IN LINE WITH PRIOR YEAR​.‍GROUP'S BALANCE SHEET REMAINS STRONG WITH SEASONAL INCREASE IN WORKING CAPITAL IN NIGERIA EXPECTED TO UNWIND DURING SECOND HALF​.‍TOUGH TRADING CONDITIONS ARE EXPECTED TO CONTINUE FOR FULL YEAR WITH CONSUMER UNDER PRESSURE IN ALL MARKETS​.‍EXPECTED TO DELIVER A FULL YEAR OUTTURN BROADLY IN LINE WITH PRIOR YEAR​. 

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