Croda International (CRDA)

Sector:

Industrial Chemicals

Index:

FTSE 100

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

Croda posts small rise in interim profit, lifts dividend

By Michele Maatouk

Date: Wednesday 25 Jul 2018

LONDON (ShareCast) - (Sharecast News) - Speciality chemical company Croda posted a small rise in reported half-year profit on Wednesday as sales dipped on the back of a stronger pound.
In the six months to the end of June, pre-tax profit edged up 1.7% to £170.8m as sales slipped 0.6% to £702.8m, after an adverse 4.6% impact from currency translation.

On an adjusted basis, however, pre-tax profit was up 7.7% to a record £175m, and the company lifted its interim dividend by 8.6% to 38p per share.

The group said it saw "excellent" sales growth in the personal care division of 9.3% at constant currency, while operating profit was 6.1% higher. In the life sciences business, sales were up 2.3% while operating profit was 1.8% firmer, at constant currency. In performance technologies, meanwhile, operating profit grew 15.2% and sales were 1.7% higher.

Chief executive Steve Foots said: "This is a strong first half performance. We are delivering our strategy of 'Growing the Core', driving top line organic growth at industry leading margins to achieve superior returns. Alongside this, we are 'Stretching the Growth', accelerating delivery across our markets by investing in disruptive technologies and exciting new growth opportunities.

"We have encouraging momentum in our consumer businesses and performance technologies has delivered double digit percentage profit growth for the third successive year, strong progress that is supported by improving cash generation, underpinning confidence for the full year."

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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 5,447.71
52 Week Low 4,575.95
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
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

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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