PZ Cussons adjusted profit declines as headwinds cause Carex sales slump

Personal healthcare manufacturer PZ Cussons has registered a 9.6 per cent decline in profit after subsidiary Carex reported an easing of demand for personal hygiene products. In the half year ended 30 November, the group’s adjusted operating profit went down to £32.9m while sales slumped 9.3 per cent to £283.7m. Earnings per share also dropped [...]