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PZ Cussons' rebound fails to materialise

PZ Cussons' rebound fails to materialise

PZ Cussons’ (PZC) latest profit warning seems to suggest Brexit-related economic uncertainty has put Brit’s off washing. According to management at the consumer goods giant, low demand for products such as Original Source shower gel and Imperial Leather soap – the result (they say) of consumer caution – is one of the reasons pre-tax profit in the year to May 2018 is now expected to come in between £80m and £85m, almost a fifth lower than last year.

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