Croda Share Discussion Threads

[broadwood] 24/7/2019 08:03

https://www.sharecast.com/news/news-and-announcements/croda-profit-drops-as-personal-care-business-hit-by-sino-us-trade-spat--6861296.html

[jontyone] 09/7/2019 17:50

for those asking earlier about trading updates, just noticed this from the yearly results in Feb. 2019: Future trading updates The Board has decided to cease issuing quarterly trading updates from 2019 onwards, given developing market practice. Routine updates will occur as part of the half year and full year results, normally in July and February each year.

[jontyone] 02/7/2019 09:51

Apologies, put the link to my portfolio by mistake. This is the article: www.proactiveinvestors.co.uk/companies/news/223199/ubs-strips-chemicals-maker-croda-of-buy-rating-amid-us-concerns-223199.html

[jontyone] 02/7/2019 09:48

This article has more on the UBS cut: [...] I'll see if anything gets mentioned on Markets Live at Alphaville after 11.

[liam1om] 02/7/2019 09:31

Also cut to neutral today by UBS.

[melody9999] 02/7/2019 08:21

Thanks Jonty

[jontyone] 02/7/2019 08:16

This has been dipping pretty much since BASF reported slowdown in its chemical division, and 6% of the workforce to be laid off. There may be other reasons, but I haven't seen them yet.....

[melody9999] 02/7/2019 07:32

cannot see a TU on the financial calendar on the web site - but not sure why the share price has dipped either - any thoughts?

[macarre] 25/4/2019 06:31

There was supposed to be a trading announcement yesterday. Anybody knows what happened?

[typo56] 11/4/2019 09:53

Special divi ex date Monday 29 Apr, as per RNS!

[melody9999] 09/4/2019 14:45

anybody know the ex date for the special divi?

[jontyone] 27/2/2019 18:21

Nice dividend to keep folks happy. Sort of takes your mind off this gasket seal incorrectly fitted at the new factory in the States.

[broadwood] 02/11/2018 09:30

Batty - best of luck.

[battyliveson] 02/11/2018 08:54

Broadwood Great share. I purchased some on the dip, really pleased to get the opportunity to do so. Will add if further volatility allows more bargains. B

[broadwood] 02/11/2018 08:30

- Chemical company Croda reaffirmed full-year guidance Thursday after reporting that its sales grew 3.4% in the third quarter, driven by a strong performance in the group's consumer businesses. Core business year-to-date growth was 4.7%, while sales of new and protected products reached 28.4% of total sales, with double digit percentage growth seen in personal care, the company said. In reported currency, third-quarter sales for the group were 2.9% higher and up 0.5% year to date, as the impact of currency translation headwinds moderated. The company said it was on track to deliver on its expectations for the year. 'This has been another strong, consistent quarter of growth for Croda. It is encouraging to see ongoing momentum in our consumer businesses, underpinned by innovation and our unique customer intimacy, supported by our 'value over volume' progress in Performance Technologies,' said Steve Foots, Chief Executive Officer 'We are delivering our strategy of 'Growing the Core', driving top line growth at industry leading margins to achieve superior returns, and 'Stretching the Growth', accelerating delivery across our markets.'

[broadwood] 01/11/2018 10:12

- Chemical company Croda reaffirmed full-year guidance Thursday after reporting that its sales grew 3.4% in the third quarter, driven by a strong performance in the group's consumer businesses. Core business year-to-date growth was 4.7%, while sales of new and protected products reached 28.4% of total sales, with double digit percentage growth seen in personal care, the company said. In reported currency, third-quarter sales for the group were 2.9% higher and up 0.5% year to date, as the impact of currency translation headwinds moderated. The company said it was on track to deliver on its expectations for the year. 'This has been another strong, consistent quarter of growth for Croda. It is encouraging to see ongoing momentum in our consumer businesses, underpinned by innovation and our unique customer intimacy, supported by our 'value over volume' progress in Performance Technologies,' said Steve Foots, Chief Executive Officer 'We are delivering our strategy of 'Growing the Core', driving top line growth at industry leading margins to achieve superior returns, and 'Stretching the Growth', accelerating delivery across our markets.'

[broadwood] 01/11/2018 10:10

Strong 3rd quarter update today. Strange how a relatively high profile UK company with outstanding prospects attracts no interest whatsoever on these boards. I've held for years, very profitably.

[broadwood] 25/7/2018 07:11

On an adjusted basis, however, pre-tax profit was up 7.7% to a record £175m, and the company lifted its interim dividend by 8.6% to 38p per share. The group said it saw "excellent" sales growth in the personal care division of 9.3% at constant currency, while operating profit was 6.1% higher. In the life sciences business, sales were up 2.3% while operating profit was 1.8% firmer, at constant currency. In performance technologies, meanwhile, operating profit grew 15.2% and sales were 1.7% higher. Chief executive Steve Foots said: "This is a strong first half performance. We are delivering our strategy of 'Growing the Core', driving top line organic growth at industry leading margins to achieve superior returns. Alongside this, we are 'Stretching the Growth', accelerating delivery across our markets by investing in disruptive technologies and exciting new growth opportunities. "We have encouraging momentum in our consumer businesses and performance technologies has delivered double digit percentage profit growth for the third successive year, strong progress that is supported by improving cash generation, underpinning confidence for the full year."

[danieldanj] 24/7/2018 21:20

Croda Intl (CRDA) Earnings-Reaction to Keep an Eye http://crweworld.com/Earnings-Calendar

[broadwood] 21/5/2018 12:27

Nice progress today. All time high.

[broadwood] 08/5/2018 14:01

Excellent management. Served me very well over the years.

[broadwood] 27/2/2018 07:29

What's not to like? Speciality chemical company Croda International reported a record full-year profit on Tuesday as sales grew thanks to a strong performance across sectors and regions.

[broadwood] 16/2/2018 11:15

- Struggling small-cap fertilizer group Plant Impact said it had agreed to be acquired by Croda Europe for around £10m. Croda offered 10.57p in cash for each Plant Impact share, representing a 79.9% premium to their closing price on Thursday. 'The board has concluded that the best interests of the shareholders are served by selling the company now whilst it remains able to support its trading activities from its remaining cash reserves,' chairman David Jones said.