Croda International (CRDA)

Sector:

Industrial Chemicals

Index:

FTSE 100

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4,680.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 5,447.71p
  • 52 Week Low: 4,575.95p
  • Currency: UK Pounds
  • Shares Issued: 131.79m
  • Volume: 294,986
  • Market Cap: £6,168m
  • RiskGrade: 95
  • Beta: 0.00

Croda posts record profit amid strong performance across regions and sectors

By Michele Maatouk

Date: Tuesday 27 Feb 2018

LONDON (ShareCast) - (ShareCast News) - Speciality chemical company Croda International reported a record full-year profit on Tuesday as sales grew thanks to a strong performance across sectors and regions.
In the year to the end of December 2017, adjusted pre-tax profit was up 11.1% to a record £320.3m on sales of £1.4bn, up 10.4% on 2016 and driven by an ongoing focus on premium, faster growth niches in personal care, life sciences and performance technologies, together with positive currency translation as 95% of the company's sales are outside the UK.

IFRS pre-tax profit increased 14% to £314.1m and adjusted basic earnings per share were up 15% to 179p.

In the personal care division, sales were up 11% to £466.6m, while sales in the life sciences business rose 10.4% to £322.6m and sales in performance technologies increased 12.6% to £456.9m. In the core business, sales pushed up 11.4% to £1.2bn and industrial chemicals sales were 1.4% higher at £127m.

Chief executive officer Steve Foots said: "2017 was a year of significant progress, with record profits and strong organic sales growth. All core sectors and major regions contributed to this growth, demonstrating that our strategy continues to deliver and reinforcing that Croda has three strong legs of growth. Our focus on premium, faster growing market niches and high quality technologies delivered consistent top and bottom line growth.

"We have entered 2018 with momentum and a platform on which to deliver long-term growth. In the year ahead, we will continue to invest in fast growth technologies, both organically and by acquisition; in R&D, through our successful Open Innovation and Smart Partnering programmes; in manufacturing, through improved operating capabilities; and in our people. We are confident of delivering continued progress in 2018."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CRDA Market Data

Currency UK Pounds
Share Price 4,680.00p
Change Today 4.00p
% Change 0.09 %
52 Week High 5,447.71p
52 Week Low 4,575.95p
Volume 294,986
Shares Issued 131.79m
Market Cap £6,168m
Beta 0.00
RiskGrade 95

CRDA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.27% below the market average94.27% below the market average94.27% below the market average94.27% below the market average94.27% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
6.57% above the market average6.57% above the market average6.57% above the market average6.57% above the market average6.57% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Income
75.85% below the market average75.85% below the market average75.85% below the market average75.85% below the market average75.85% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Growth
31.58% below the market average31.58% below the market average31.58% below the market average31.58% below the market average31.58% below the market average
47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 11
Sell 0
Strong Sell 2
Total 18
neutral
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CRDA Dividends

  Latest Previous
  Interim Final
Ex-Div 22-Aug-19 11-Apr-19
Paid 02-Oct-19 30-May-19
Amount 39.50p 49.00p

Trades for 16-Aug-2019

Time Volume / Share Price
16:35 133,321 @ 4,680.00p
16:29 58 @ 4,690.00p
16:29 24 @ 4,690.00p
16:29 80 @ 4,688.00p
16:29 2 @ 4,690.00p

CRDA Key Personnel

Chair Anita Frew

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