Reuters logo
Croda profit grows on lower interest costs; reiterates outlook
April 25, 2013 / 6:21 AM / 4 years ago

Croda profit grows on lower interest costs; reiterates outlook

April 25 (Reuters) - British chemicals maker Croda International Plc reported a 6.5 percent jump in first-quarter profit helped by lower interest costs and improved margins, and backed its outlook for the year.

Croda reported a pretax profit of 65.1 million pounds ($99.38 million) in the first quarter ended March 31, up from 61.1 million pounds, a year earlier.

Revenue at the company, which supplies chemicals to firms such as P&G, Unilever, L‘Oreal and Estee Lauder, grew marginally to 283.1 million pounds from 281.9 million pounds, last year.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below