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PZ Cussons Sees Sales Rise

Brands are in, spas are (on their way) out.

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By: Christine Esposito

Editor-in-Chief

PZ Cussons Plc has reported that profit before tax and exceptional items for the six month period to ended Nov. 30, 2013 increased by 7.9% and revenues rose 4.1% to approximately $709.2 million. Revenue and operating profit were 4% and 6% respectively ahead of the comparative period with performance in Africa and Europe offsetting the impact of a weakening in Asian currencies. Excluding the exchange rate impact, group revenue and operating profit were 6% and 8% higher, the company said. In Afri...

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