PZ Cussons warns over profit as inflation erodes consumer confidence

by | March 19, 2018 2:18 am

Tough competition for its bestselling milk segment has undermined sales, according to manufacturer PZ Cussons Plc, which issued a profit warning after succumbing to the volatile and unpredictable macroeconomic headwinds. The company behind the imperial leather soap blamed the situation on inflation of the local currency, intense competition from its bestselling powered milk segment as…

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