Berenberg lowers target price on Croda

2nd Mar 2023 10:52

(Sharecast News) - Analysts at Berenberg lowered their target price on chemicals Croda International from £84 to £80 on Thursday, stating 2023 looked set to be "a year of consolidation".

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Croda hails record full-year results

28th Feb 2023 07:24

(Sharecast News) - Croda International hailed record results on Tuesday as it posted a rise in full-year sales and profit but also cautioned that its 2023 performance will be more weighed to the second half than in the prior year.

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Croda acquires South Korean biomaterials firm

6th Feb 2023 07:03

(Sharecast News) - Chemicals company Croda has agreed to acquire biomaterials firm Solus Biotech for KRW 350.0bn (£232.0m) one a cash and debt-free basis.

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Croda names Louisa Burdett as group FD

7th Nov 2022 07:15

(Sharecast News) - Chemicals company Croda International said on Monday that group finance director Jez Maiden will retire from the group after eight years in the role.

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Jefferies upgrades Croda to 'buy', hikes price target

14th Sep 2022 12:07

(Sharecast News) - Jefferies upgraded Croda International on Wednesday to 'buy' from 'hold' and hiked the price target to 8,200p from 7,000p.

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Croda H1 profits surge amid sales growth, margin expansion

29th Jul 2022 08:13

(Sharecast News) - Chemicals company Croda International said on Friday that profits had surged in the six months ended 30 June, driven by improved interim sales and margins.

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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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