Croda's profits rise after robust trading
The Goole-based company, which makes ingredients for cosmetics and personal care products, remained positive about the rest of the year even though it expected raw material prices to rise in many areas.
"The robust trading has continued into quarter two and we remain confident of achieving significant progress throughout the remainder of 2010," the company said in a statement.
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Hide AdFor the three months to end-March, the company posted a pre-tax profit of 42.4m from continuing operations, compared with 21.7m a year ago.
Revenue rose 14.7 percent to 264.7m.
Shares of the company closed at 1024 pence on Tuesday on the London Stock Exchange