26th Oct 2005 12:33
Croda International PLC26 October 2005 26th October 2005 Croda International Plc Third Quarter Trading Statement Commenting on the results for the nine months to 30 September 2005, MartinFlower, Chairman, said:- "Demand remained firm in the third quarter with monthly sales at similar levelsto those seen in the first half. In comparison with the previous year the thirdquarter has been stronger, mainly due to higher sales volumes in Consumer Care. Our unaudited management accounts for the first nine months of this year, forcontinuing operations, show sales up 9.5% in Sterling terms (8.5% in constantcurrency) and profit before tax (and before associates tax) up 15.5% in Sterlingterms (14.5% in constant currency)." Croda also announces that, following a decline in trading at its small metalrolling oils and lubricants division in South Yorkshire, Croda ApplicationChemicals, it is in consultation with the employees of this business regardingits future. The results of this business have therefore been classified asdiscontinued. For further information please contact: M Humphrey, Group Chief Executive 01405 860551B M Richmond, Group Finance Director 01405 860551Charles Watenphul, Financial Dynamics 0207 831 3113 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Croda International