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Nigeria crisis hurts soap maker PZ Cussons

LONDON (Reuters) - British soap maker PZ Cussons warned it was likely to report disappointing full year profits, pointing to political upheaval in Nigeria, challenging trading conditions in Australia and high raw materials costs. Shares in the maker of Imperial Leather soap fell as much as 8.4 percent on Tuesday after it reported an 11.7 percent drop in first half pretax profit and said full ...
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Added January 24, 2012
from Yahoo Nigerian News