Continued investment in supply chain facilities has helped PZ Cussons to achieve a strong performance in the first half of its financial year, despite the continued difficulties in the global economy.
Releasing its interim results for the half year to November 30th 2009 today, the company said that investment in the brand portfolio and supply chain facilities have helped to deliver ongoing growth.
Chairman of the company Anthony Green said: "The group has delivered a strong performance in the first half despite the economic environment remaining fragile."
He added that supply chain investment has helped to deliver continued profitable growth in the short term while also laying the foundations for longer term growth in all of the regions that the firm operates in.
Aside from investment in supply chain facilities, Mr Green said that the company's balance sheet remains positive and a major capital investment programme is drawing to a close, meaning that supply chain facilities in the key UK and Nigeria markets will be fully upgraded.
The company's share price has remained relatively stable in trading today (January 27th), dropping 1p to 249p at 14:53 GMT.
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