PZ Cussons PLC (LON:PZC), the maker of Imperial Leather soap, said its full-year profit expectations remain in line with previously issued guidance.
Admittedly, that guidance, issued in January, constituted a profit warning at the time but the market was relieved that Thursday’s trading update contained no further slippage, and the shares rose a penny in early deals to 193.8p.
READ Soap maker PZ Cussons slides as Nigerian troubles set to wipe £10mln from full-year profits
In truth, there was not much else for the market to go on as the trading update was terse; the next scheduled trading update is on 13 June.