Croda Posts 6.6 Percent Sales Rise
British specialty chemicals maker Croda International reported a 6.6 percent increase in third-quarter sales, driven by higher demand for beauty ingredients. The company maintained its full-year organic sales growth forecast.
Insights:
United Kingdom specialty chemicals maker Croda International reported a 6.6% rise in third-quarter sales to £449.9 million ($606.87 million) during Thursday morning trading, driven by strong demand from beauty brands. The results compare with £424.7 million recorded during the same period last year. The firm kept its annual organic sales growth forecast unchanged at 3% to 6%.
