AGM Statement

Croda International PLC 22 April 2004 22 April 2004 Croda International Plc AGM Trading Statement Commenting at today's AGM, Antony Beevor, Chairman of Croda International Plc, said: 'In our annual report published last month I said that trading had started well in 2004. I am therefore pleased to report that our unaudited management accounts for the first quarter show sales from continuing operations up by 6% in constant currency terms and 0.5% in Sterling compared to the first quarter last year. Profit before tax from continuing operations in Sterling is up by 10% on the same period last year. At the end of March net debt had reduced to £27m. We have benefited from continued strong demand for our speciality ingredients globally and a lower interest charge as a consequence of the reduction in our debt levels in the last 12 months.' The Company will announce its interim results on 28 July 2004. For further information, please contact: Mike Humphrey, Group Chief Executive Tel. 01405 860551 Barbara Richmond, Group Finance Director Tel. 01405 860551 Charlie Armitstead, Financial Dynamics Tel. 020 7269 7182 or visit our website at www.croda.com This information is provided by RNS The company news service from the London Stock Exchange
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