Croda eyes further progress in year ahead

Speciality chemicals manufacturer Croda Interntional drove full year earnings higher and added that despite persistent economic uncertainty, particularly in Europe, it has made an encouraging start to the year and is confident of further progress in 2013.

Speciality chemicals manufacturer Croda Interntional drove full year earnings higher and added that despite persistent economic uncertainty, particularly in Europe, it has made an encouraging start to the year and is confident of further progress in 2013.

Pre-tax profit rose 6.6% to £253.2m for the year to December 31st 2012 from £237.5m the same time a year earlier following strong final quarter growth from Consumer Care and Performance Technologies. Sales on continuing operations increased 2.3% to £1.1bn.

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