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Pin to quick picksPz Cussons Regulatory News (PZC)

Share Price Information for Pz Cussons (PZC)

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100.00    -0.40 (-0.40%)
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Spread: 0.40 (0.40%)
Market Cap: £420.35m
PZC Live PriceLast checked at - London Stock Exchange

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Trading Update

10 Jun 2010 07:00

RNS Number : 3437N
PZ CUSSONS PLC
10 June 2010
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ο»Ώ

10 June 2010

PZ Cussons Plc

(the "Group")

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TRADING UPDATE

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PZ Cussons Plc today issues the following trading update in respect of the year ended 31 May 2010.

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Overview

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PZ Cussons Plc is pleased to confirm that its results for the year ended 31 May 2010 are anticipated to be in line with expectations.

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The Group's balance sheet remains healthy with a continued net funds position following strong cash generation during the period.

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Markets

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Europe

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In the UK, despite the trading environment remaining competitive and a worsening consumer outlook, an excellent pipeline of innovation has enabled strong profitable growth across the brand ranges of Imperial Leather, Carex, Original Source, Charles Worthington and The Sanctuary.

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Poland has performed well in the year, whilst the economic situation in Greece has resulted in difficult trading conditions.

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Asia

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Effective brand renovation together with favourable market conditions has resulted in strong performance across Australia, Indonesia and The Middle East.

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Africa

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In Nigeria, the political environment remains stable with the former Vice President now inaugurated as President ahead of elections scheduled for spring of next year. Economically, liquidity continues to improve and trading during the last few months across Personal Care, Home Care, Electricals and Nutrition has been robust.

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Major Initiatives

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In Nigeria, Project Unity, which is the Β£39m investment in manufacturing and supply chain, is on track for completion within the next few months.

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The Group's major capital investment programme is therefore almost complete.

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Preliminary Results

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Preliminary results for the year ended 31 May 2010 will be announced on Tuesday 27 July 2010.

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An analysts' presentation will be given at 9:30am on that day at the offices of Panmure Gordon, Moorgate Hall, 155 Moorgate London, EC2M 6XB.

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For further information contact:

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PZ Cussons Plc Tel: 0161 435 1016

Brandon Leigh

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Hogarth Limited Tel: 020 7357 9477

John Olsen / Sarah MacLeod

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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TSTUGUUPQUPUGCB
Date   Source Headline
8th Aug 20074:05 pmRNSDirector/PDMR Shareholding
2nd Aug 20076:07 pmRNSDirector/PDMR Shareholding
31st Jul 20077:01 amRNSFinal Results
7th Jun 20077:01 amRNSTrading Statement
17th May 20077:01 amRNSNotice of trading update
19th Apr 200710:41 amRNSHolding(s) in Company
2nd Apr 20079:58 amRNSDirector/PDMR Shareholding
20th Mar 200711:57 amRNSHolding(s) in Company
13th Mar 20077:01 amRNSGPB26m investment
14th Feb 20079:59 amRNSHolding(s) in Company
30th Jan 20077:01 amRNSInterim Results
19th Dec 200611:40 amRNSDirectorate Change
19th Dec 200611:37 amRNSTotal Voting Rights
30th Nov 20067:01 amRNSTrading Statement
26th Sep 20067:02 amRNSResult of AGM
25th Sep 200612:00 pmRNSAGM Statement
19th Sep 20061:30 pmRNSDirector/PDMR Shareholding
4th Sep 20064:14 pmRNSGrant of Options
1st Aug 20067:00 amRNSFinal Results
1st Jun 20069:00 amRNSDirectorate Change
1st Jun 20067:01 amRNSPre-Close Update
6th Apr 20064:34 pmRNSDirectors interest in Shares
5th Apr 20061:09 pmRNSDirectors Interest in Shares
22nd Mar 200612:25 pmRNSDirectors Interest in Shares
3rd Mar 200611:30 amRNSDirectors Interest in Shares
1st Mar 20067:01 amRNSDirectorate Change
9th Feb 20068:48 amRNSDirector/PDMR Shareholding
7th Feb 20067:01 amRNSInterim Results
24th Jan 20067:00 amRNSNotice of Results
3rd Jan 20067:30 amRNSDirector Declaration
4th Oct 20059:00 amRNSDirectorate Change
3rd Oct 200510:20 amRNSDirectorate Change
26th Sep 200512:00 pmRNSAGM Statement
19th Sep 20053:21 pmRNSDirectors Interest in Shares
9th Sep 200510:36 amRNSDirectors Interest in Shares
8th Sep 200512:40 pmRNSDirectors Interest in Shares
24th Aug 20052:34 pmRNSDirectors Interest in Shares
15th Aug 20054:10 pmRNSDirectors Interest in Shares
2nd Aug 20057:01 amRNSFinal Results
28th Jul 20053:31 pmRNSNotice of Results
22nd Jul 200511:00 amRNSDirectorate Change
28th Jun 200512:35 pmRNSResult of Meetings
7th Jun 200512:00 pmRNSDirectorate Change
3rd Jun 20051:20 pmRNSNotice of EGM
2nd Jun 20057:01 amRNSProposed enfranchisement
1st Jun 20059:00 amRNSDirector Declaration
5th May 200512:00 pmRNSDirectorate Change
9th Mar 20054:43 pmRNSSecond Price Monitoring Extn
9th Mar 20054:38 pmRNSPrice Monitoring Extension
8th Feb 20057:00 amRNSInterim Results

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