- PZ Cussons said its overall performance has been in line with expectations, and that its balance sheet remains strong with cash generation for the year to end-May also in line with expectations.

"The strength and agility of the Group's brand portfolio is underpinning solid performance in all regions and new product launches are performing well," said the company.

"Tight control of costs together with further margin improvement initiatives are successfully countering ongoing raw material and exchange rate volatility," it added.

"The Group's balance sheet remains strong and well placed to pursue new opportunities as they arise."

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