Croda International plc (CRDA.L) a company dealing in specialty chemicals, Thursday, in an interim report for the first quarter, said pre-tax profit was up on a marginally higher turnover.
For the period the firm posted pre-tax profit of 65.1 million pounds, up 6.5 percent from 61.1 million pounds a year earlier. The firm said this was achieved against a particularly strong performance in the same period in 2012 and despite the adverse impact of an earlier Easter this year.
For the quarter, turnover grew by 0.4 percent to 283.1 million pounds from 281.9 million pounds a year back, particularly helped by the industrial chemicals segment.
Looking ahead, the firm said outlook provided in February is unchanged and that it expects to report further progress in 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.