Share Name Share Symbol Market Type Share ISIN Share Description
Croda International Plc LSE:CRDA London Ordinary Share GB00BJFFLV09 ORD 10.609756P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -66.00 -1.43% 4,554.00 4,538.00 4,542.00 4,576.00 4,422.00 4,486.00 1,152,193 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 1,377.7 302.3 172.8 26.4 6,002

Croda Share Discussion Threads

Showing 526 to 545 of 575 messages
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Share price getting a nice boost Berenberg Croda International PLC 23/01/2018 Upgrades Hold Buy 2 4,150.00 5,000.00 4,469.00 850 2
Di pasar saat ini
En Marche aujourd hui.
broadwood, the market per se is up quite strongly today. For the last few years there has been a wealth of cash "created" in the guise of quantative easing. That it is only now starting to be seen in some capital projects (road re-furbishment rail upgrade etc) means that the knock on effect to the major suppliers to such projects are starting to build their order books. This has yet to filter down to the guys on the ground floor as there are still redundancies being announced, but these are more to do with re-deployment to prepare for a changed European Union, one that may or may not have the UK as a trading partner. Croda deals with just about every type of industry and rising sentiment in markets and governments will manifest in a rising share price for CRDA
erogenous jones
New all time high. Market still digesting recent results favourably.
mr market likes the mumbers
erogenous jones
Croda International said the improving sales trend seen in the fourth quarter of 2016 had continued in the first quarter of this year. It said constant currency sales increased by 4.9%, driven by strong organic growth. Reported currency sales increased by 19.1% to £365.5 million (Q1 2016: £306.8m), reflecting sterling's continued weakness. It said the later timing of Easter was estimated to have benefited sales by approximately 1.5%. Constant currency sales across the three principal sectors rose by 5.3%. Looking ahead, an update said: "We are encouraged by the group's performance in the first quarter and, whilst we expect the exceptional sales growth seen in Performance Technologies to moderate, we remain on track to deliver continued profitable progress through 2017."
As set out at our full year results in February, our priorities for 2017 are to drive profitability through a greater focus on premium, faster growth niches; improve performance in less differentiated markets; and progress towards our return on sales targets in Performance Technologies and Incotec. We are encouraged by the Group's performance in the first quarter and, whilst we expect the exceptional sales growth seen in Performance Technologies to moderate, we remain on track to deliver continued profitable progress through 2017.
Croda, Barclays said: "The company is a major beneficiary of weak sterling, while the new US biosurfactant plant should support both growth and earnings from next year onwards. Raw material inflation is an upside risk to our forecasts, as is the deployment of the strong cash generation. We see the company as ideally positioned for bolt-on M&A."
Inflicting quite a lot of damage for one Broker rec. Credit Suisse downgraded Croda International to 'underperform' from 'neutral' but left the price target at 3,300p. The bank said Croda shares are trading at a premium to fair value given operational headwinds in 2017 and structural longer-term pressure in Personal Care as the business lifecycle matures. CS forecasts near-term earnings headwinds from upfront investment costs for the Atlas Point ethylene oxide facility, further price pressure in Omega-3 and continued portfolio downsizing. Atlas Point is Croda's new ethylene oxide facility being built in the US, which will use corn-ethanol to produce ethylene oxide, giving organic credentials to its formulations. CS noted the facility will incur circa £3m of ramp-up costs in the second half of this year as production is brought online. Credit Suisse expects 2% volume, 1% price and 50 basis points margin pressure in 2017. "We believe Croda's competitive position in Personal Care is under pressure from new entrants at both the value end (specialty chemicals) and in the company's premium portfolio," it said. CS said it forecasts flat volumes to 2020 as Croda trims its tail-end business, where greater competition is eroding the margin premium.
Held up well on a down day.
Nice bump up again yesterday on further consideration of results.
Saw the results first thing this morning and got some for 33.43, so really pleased with progress today. It is a long term hold. My Mum has held these for decades and it is a quality company. I don't know if fundsmith hold but it looks like one of their type of shares, good margin, high ROCE and manageable debt. B
Under the radar for most it seems. Been in and out a couple of times taking a nice profit on each. IMO this could have further to go with a confident outlook like that - so its a hold for me.
- Croda International posts record profits for the year to the end of December driven by 'relentless innovation'. Sales increased by 15.0% to £1,243.6m (2015: £1,081.7m). This included an 11.9% benefit from currency translation due to weaker sterling. Sales in constant currency increased by 3.1%, with acquisitions contributing 4.7%. Adjusted profit before tax increased by 13.2% to £288.3m (2015: £254.7m). This was 4.8% higher in constant currency. Profit before tax on an IFRS basis was also up strongly at £275.7m (2015: £252.3m). Return on sales increased by 40 basis points in constant currency, reflecting a richer product mix of 'high end' products and innovation. Reported return on sales was slightly lower at 24.0% (2015: 24.4%), due to the dilution impact of the Incotec acquisition and lower profit from the API contract in North America. Adjusted EPS rose 15.4% to 155.8p (2015: 135.0p) and the proposed final dividend has been increased by 8.6% to 41.25p (2015: 38.0p). Chief executive Steve Footssaid: "Croda has delivered a record profit in 2016. "We have grown sales through selective acquisitions and organic growth in premium market niches, driving bottom line performance through high value products and relentless innovation. "Our innovation pipeline is exciting, with sales of New and Protected Products increasing for the fourth consecutive year. "We continue to expand in higher growth markets, with Asia the stand out performer, and we are growing with regional and smaller customers. "Our priorities for 2017 are to drive profitability through a greater focus on premium, faster growth niches; improve performance in less differentiated markets; and continue to grow margins in Performance Technologies and Incotec. "We have seen some encouraging signs of improving sales trends, which have continued into 2017. "We are supporting this through innovation and investment. Croda is a strongly cash generative business with substantial balance sheet capacity. "We will remain disciplined in both our capital allocation and in driving returns for shareholders. "We are confident of delivering continued progress in our performance in 2017."
Finals tomorrow.
POLY just beat CRDA to the FTSE 100 last month but will be promoted on 5 Oct when SAB leave. Therefore expect a large trade at close tomorrow when funds adjust their holdings.
TP lifted to 3600p by Deutsche.
Strength again today. Can't see any Broker upgrade.
Possible FTSE100 promotion when ARM leave next week.
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