Anthony Green, Chairman of PZ Cussons Plc, today made a statement at the shareholders AGM. In it he announced that operating profit before exceptional items had increased by 13% to £60.2m. He noted that this "reflected good performances in all key territories', citing Nigeria especially.

He also announced a share split to divide current Ordinary shares into 10 new Ordinary shares.

Green announced "significant growth' in their electrical business, run in conjunction with Chinese company Haier.

Regarding the company's business in the UK he announced that the results for the first three months were in line with expectations. In a statement Green said that, "at the end of the first quarter the Group operating results are in line with budget.'