Interim results for natural based speciality chemicals manufacturer, Croda, have revealed a drop in profits and sales.
Results for the first half of the year show adjusted pre-tax profit fell by 5.9% to £125.3m and sales decreased 4.5% at £537.4m. The dent is a result of weak consumer demand in Europe but the Yorkshire-based firm remains optimistic, maintaining its new structure will foster future growth. The chemical manufacturer refinanced its core banking…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
