PZ Cussons Nigeria shifts submission of 2016 Q2 financial results

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PZ Cussons Nigeria Plc, on Thursday announced that that it will be filing its unaudited financial results for the second quarter ended 30 November 2016 in a week’s time.

The company explained that its notice endorsed by the Company Secretary Abiola Laseinde, is in compliance with regulatory authorities (The Nigerian Stock Exchange) on delayed submission, and that it will be filing its unaudited financial results for the second quarter ended 30 November 2016 on 26th January 2017.

According to the company, “the delayed submission is based on the fact that results comprise of a substantial element of the overall results of PZ Cussons Plc Group UK, which also has extensive operations in Europe, Asia and in America.

Consequently, the earliest practicable date by which the Group can collate and release its accounts for the half year (H1) is 24 January 2017 in order to give non-public material information to our overseas shareholders.” the notice read

However, the company assured that the development will not result in any disadvantage to its local (Nigerian) shareholders.

PZ Cussons Nigeria Plc is part of a multinational consumer goods business, that manufactures and distribute some of the best loved brands in Nigeria, ranging from Imperial Leather to Cussons Baby, Morning Fresh to Thermocool and Robb.

The company operates in five core categories – personal care, beauty, home care, food and nutrition and electricals.

Worldwide, PZ Cussons Group employs over 5000 people across Africa, Europe, Asia, and North America

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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