Croda chairman reports strong start to the year

Published: 26-Apr-2012 Featured companies: Croda Beauty
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Group sales up 4.7% to £291.0m in Q1


Martin Flower, chairman of Croda International Plc has emphasised what a strong Q1 Croda has had in 2012 so far, speaking at the company's AGM held today.

Says Flower: “I am pleased to report that we achieved record group results in the first three months of 2012, driven by our highest ever quarterly sales and profits in both Consumer Care and Performance Technologies.

“Group sales from continuing operations increase 4.7% to £291.0m. Sales growth was seen in all of the major geographical areas in which we operate and volumes were much improved versus the run rates seen during the second half of 2011. Group operating profit from continuing operations was up 8% to £65.8m.”

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