Croda to build new manufacturing facility in Pennsylvania

28th Jun 2022 07:20

(Sharecast News) - Chemicals company Croda has entered into a cooperative agreement with the US government in which the latter will provide up to $75.0m as part of an effort to expand the company's manufacturing capacity of ingredients for lipid systems used in novel therapeutic drugs.

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Croda sees sales and profits grow YTD

20th May 2022 07:36

(Sharecast News) - Chemicals company Croda International said on Friday that trading had been strong in 2022, with continued sales and profit growth being seen across the group and significant input cost inflation being successfully recovered.

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UK govt awards Croda £15.9m for Leeds manufacturing facility expansion

31st Mar 2022 14:25

(Sharecast News) - Croda International has been awarded a £15.9m grant by the UK government to expand its manufacturing facility in Leek, Staffordshire.

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Croda witnesses 'accelerating growth' in consumer care wing

29th Mar 2022 08:42

(Sharecast News) - Chemicals company Croda will host a seminar on Tuesday for both investors and analysts on accelerating growth in its consumer care sector.

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Croda reports record FY results, hikes dividend 10%

1st Mar 2022 07:41

(Sharecast News) - Speciality chemicals company Croda reported a "record" full-year performance in terms of sales and profits on Tuesday and lifted its dividend as it said all of its business traded ahead of pre-pandemic levels.

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Tuesday preview: Ukraine-Russia conflict, global PMIs

28th Feb 2022 12:10

(Sharecast News) - Financial markets' focus will continue to be on the headlines coming out of Ukraine and any news regarding ceasefire talks between Kiev and Moscow.

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JP Morgan still 'underweight' on Croda, sees no step-change in growth profile

16th Feb 2022 11:11

(Sharecast News) - Analysts at J.P. Morgan reiterated their 'underweight' stance on shares of Croda, telling clients that the strong growth seen in 2021 did not reflect a step-change in its long-term growth prospects.

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Croda sells bulk of PTIC business to Cargill for €915.0m

22nd Dec 2021 07:59

(Sharecast News) - Chemicals company Croda revealed on Wednesday that it had signed a definitive agreement to sell the majority of its performance technologies and industrial chemicals businesses to Cargill for €915.0m on a cash-free, debt-free basis.

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Friday broker round-up

6th Aug 2021 12:03

(Sharecast News) - Standard Chartered: Citi reiterates 'neutral' and keeps 490.0p target price.

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Barclays upgrades Croda on 'much-improved' growth outlook

30th Jul 2021 09:06

(Sharecast News) - Barclays upgraded Croda to 'equalweight' from 'underweight' and hiked the price target to 8,400p from 6,000p, citing a "much-improved" growth outlook, after the speciality chemicals company's results earlier in the week.

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Wednesday broker round-up

28th Jul 2021 10:15

(Sharecast News) - FDM Group: Numis upgrades from 'hold' to 'add', raises target from 1,050.0p to 1,250.0p.

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Croda forecasts annual profit to beat expectations

27th Jul 2021 07:43

(Sharecast News) - Croda International said it expected annual profit to be well ahead of expectations as the speciality chemicals company reported record results for the first half.

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Thursday broker round-up

8th Jul 2021 13:04

(Sharecast News) - Croda International: HSBC upgrades to buy with a target price of 8,600p.

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HSBC upgrades Croda to 'buy'

8th Jul 2021 09:42

(Sharecast News) - HSBC upgraded Croda to 'buy' from 'hold' on Thursday and hiked the price target 8,600p from 6,100p as it argued that the specialty chemicals group's strong near-term trading environment should continue to support the recent re-rating.

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Thursday broker round-up

24th Jun 2021 14:13

(Sharecast News) - BP: HSBC downgrades to hold with a target price of 360p.

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