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Earnings Guidance: PZ Cussons Plc signals improved Q3 performance

PZ Cussons Plc., on Thursday, said overall performance between January 28 and April 8 has been in line with expectations, adding that outlook for the financial year also remains in line with expectations.

The consumer products group also indicated that country performance has been in line with the comments made in the Interim results announcement on January 27.

“Country performance has been in line with the comments made in the Interim results announcement on 27 January,” PZ Cussons said.

“With regard to the Group’s largest market Nigeria, the naira exchange rate is currently stable following a further devaluation in the period, and trading has resumed as normal following a short period of lost trading days during the presidential election process,” it added.

A further trading update will be made on 11 June 2015 after the close of the financial year.

 

 

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