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