Information  X 
Enter a valid email address

Croda International (CRDA)

  Print      Mail a friend

Tuesday 24 April, 2001

Croda International

Trading Statement

Croda International PLC
24 April 2001

Croda International Plc


Trading Statement  -  AGM  -  24 April 2001

Commenting at the AGM, Keith Hopkins, Chairman of Croda International Plc
said, 'In our annual report I said that 2001 had started well and I am pleased
to report that our unaudited management accounts for the first quarter show
sales from continuing operations up 5% and profits before tax from continuing
operations up 10%.

We have benefited from lower interest charges as a consequence of the disposal
of our Adhesives and Resins businesses.  Sales in the UK and Europe were
overall 3% lower than the first quarter last year but there was strong demand
for our speciality products in the Americas and Far East.'

Trevor Harrison retired as a non-executive director of the Company following
the AGM and Michael Ward has been appointed as an additional non-executive
director of the Company with immediate effect.  Mr Ward is Chief Executive
Officer of GEHE UK plc.


For further information please contact :-

Mike Humphrey, Group Chief Executive                            07785 307786

Barbara Richmond, Group Finance Director                        07767 252627

Tom Baldock, Financial Dynamics                                 0207 831 3113