PZ Cussons is expecting results on expected lines, in the coming days. The Company expects to perform better in the coming days even as market conditions remain challenging.

It owns brands like Imperial Leather, Carex and Source. The Company expects better demands for its products in various markets, even as some markets will remain under pressure due to the growing concerns over the economic conditions, which are expected to have a negative impact on demand in the coming days.   

It also revealed that it is also spending 39 million Pounds on upgrading manufacturing facilities in Nigeria. It was also very optimistic about its prospects in the Nigerian market.

It maintained that its balance sheet is healthy and the Company continues to generate strong cash flows. Reports confirmed that the Company did well in the Polish market but trading conditions in the Greek market were very difficult.

The Company also witnessed a good performance in the markets of Australia, Indonesia and The Middle East. It expects to perform well in these markets, in the coming days.

PZ Cussons maintained that its performance in the UK market was not very good due to economic recession and the bad sentiment in the consumer market.

Its shares closed at 296.5 pence on Wednesday and the Company is valued at almost 1.26 billion pounds.