Croda International logo

50GP - Croda International News Story

94p 0.0  0.0%

Sector
Basic Materials
Size
Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 1807

BRIEF-Croda International Says 2020 Interim Dividend Maintained

Thu 23rd July, 2020 7:21am
July 23 (Reuters) - Croda International PLC  CRDA.L :
    * H1 PRETAX PROFIT FELL 12.8 PERCENT TO 144.9 MILLION STG
    * H1 ADJUSTED PRETAX PROFIT 152.5 MILLION STG VERSUS 170.6
MILLION
STG YEAR AGO
    * HY CORE BUSINESS SALES 4.9% LOWER (-6.0% CONSTANT
CURRENCY)
    * HY ADJUSTED OPERATING PROFIT 9.9% LOWER (-9.4% CONSTANT
CURRENCY)
    * SAYS 2019 FINAL DIVIDEND PAID IN FULL AND 2020 INTERIM
DIVIDEND
MAINTAINED AT 39.5 PENCE
    * SAYS FOLLOWING A CHALLENGING Q2, TRADING HAS STABILISED
BUT
VISIBILITY IS LIMITED AND TIMING OF RECOVERY REMAINS UNCLEAR
    * ANTICIPATE CONSUMER MARKETS SIGNIFICANTLY IMPACTED BY
LOCKDOWNS
TO RECOVER MORE QUICKLY THAN INDUSTRIAL END MARKETS
    * EXPECT GROUP MARGIN AND CASH GENERATION TO REMAIN ROBUST

Source text for Eikon:  ID:nRSW8162Ta 
Further company coverage:  CRDA.L 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.