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UPDATE 1-Cussons says 2009 results to meet expectations

Wed Jun 10, 2009 2:27am EDT

Stocks

   

* 2009 pretax profit consensus 86 mln stg

* Says good growth seen in UK market

* Trading in Nigeria strong

LONDON, June 10 (Reuters) - British soap and shampoo maker PZ Cussons (PZC.L) said on Wednesday its results for the year to May 31 are anticipated to be in line with expectations.

Market forecasts range for full-year pretax profit range between 84 and 88 million pounds, with the consensus at 86 million pounds ($138.4 million), according to a Reuters Estimates poll of three analysts.

PZ Cussons, which makes Imperial Leather and Carex soaps and operates mainly in Britain, Nigeria, Australia and Indonesia, said it had seen good growth in the UK while trading across its personal care, home care, and electricals division has been strong in Nigeria.

In other markets, it said trading had been in line with expectations.

($1=.6215 Pound)

(Reporting by Matt Scuffham; Editing by Paul Sandle)



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