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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