Toiletry and household goods manufacturer PZ Cussons has reported a 15% increase in full-year pre-tax profit to 31 May of £61.2m, on sales up 12% at £539.9m.

The group also revealed that it was planning to build a new liquids factory in Manchester to provide additional capacity and meet its long-term supply needs.

It added that although the UK market remained competitive with continued pressure on selling prices, additional investment in brand performance had resulted in a good performance.

Anthony Green, chairman of PZ Cussons, said: “The group's focus on selected markets, leading brands and first class distribution continues to provide a clear strategy for the future.”

He added: “Over the next year, the group will be pursuing growth in all businesses as well as continuing a sustained margin improvement programme to counter ongoing pressures on both selling prices and costs.”