Imperial Leather/Carex maker
launches turaround strategy
PZCussons the hygiene and personal care maker of leading brands Imperial Leather and Carex soap reported disappointing results in its half year to 2Dec'23. CEO Jonathan Myers said " we are stronger business than when we launched our new strategy, as demonstrated by our ninth consecutive quarter of like for like revenue growth". Is he forgetting that average price inlation has been in the double digits?
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