PZ Cussons controls costs to counter FX volatility

Manchester-based PZ Cussons has successfully countered ongoing raw material and exchange rate volatility to ensure its full year financial performace is in line with expectations, the consumer products company announced today. It said that tight cost controls together with further margin improvement initiatives meant that the group's balance sheet remains strong and that the board was pleased with the company's overall performance. The company's half-year pre-tax profits for had taken a hit as a result of foreign exchange losses... For the full story register now for free or login below...
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