Strong trading at PZ Cussons

5th Oct 2009 07:04

Soap manufacturer PZ Cussons said it remains 'cautiously optimistic' for the full year despite uncertain economic conditions after seeing strong trading in its main market of Nigeria and in the UK.In Nigeria, where the political environment has remained relatively stable with positive GDP growth, higher oil prices have helped the weakening of the local currency against the dollar to stabilise.Aside from soaps, detergents and health and beauty products, PZ Cussons sells fridges and other electrical products in Nigeria.In the UK, where its soap brands include Imperial Leather and Original Source, performance has been boosted by a new factory in Agecroft in Manchester.