PZ Cussons Sees FY Trading In Line With Views

10th Jun 2010 07:12

LONDON (Dow Jones)--PZ Cussons PLC (PZC.LN) said Thursday that its results for the year ended May 31 are anticipated to be in line with expectations. MAIN FACTS: -The Group's balance sheet remains healthy with a continued net funds position following strong cash generation during the period. -Poland has performed well in the year, whilst the economic situation in Greece has resulted in difficult trading conditions. -In Nigeria, Project Unity, which is the GBP39 million investment in manufacturing and supply chain, is on track for completion within the next few months. -The Group's major capital investment program is therefore almost complete. -Shares closed Wednesday at 296.5 pence. -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; [email protected] (END) Dow Jones Newswires June 10, 2010 02:12 ET (06:12 GMT)