By Reuters
Share this articleComments
(Reuters) - Soap and cosmetics maker PZ Cussons Plc <PZC.L> warned on Thursday it was facing weakened consumer demand across its main markets, with its dominant African business hampered by a weakened Nigerian economy and falls in the naira currency.
The owner of the Imperial Leather brand said it had also faced significant disruption in getting goods into Nigeria and as a result that the first-half contribution to its profit than a year ago from the country, its single biggest market, would be lower.
(Reporting by Tanishaa Nadkar in Bengaluru; editing by Patrick Graham)
Share this articleComments
You might also like
Euronews Debates | The South Africa perspective: Can the EU & Africa reboot their relationship?
IN PARTNERSHIP WITH BRAND SOUTH AFRICA
DRC: a new narrative emerges
IN PARTNERSHIP WITH PRIMATURE DRC
Rwanda’s port – creating a hub for Intra-African trade
IN PARTNERSHIP WITH DP WORLD