PZ Cussons succumbs to Nigerian pressures, but personal care still climbs

Published: 27-Jul-2015
Finance

Overall group personal care sales climed 2.8% to £415.9m

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UK-based PZ Cussons has seen annual profits beaten down to £84m, while annual sales slipped 5% to £819m.

PZ Cussons endured a difficult time in Africa where Nigerian sales are under pressure from foreign currency restrictions and the domestic exchange rate (the Nigerian naira collapsed 25% during the second half of the trading year).

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