Croda profits up 6.5 per cent

FTSE 100 chemicals manufacturer Croda International yesterday saw pre-tax profits increase by 6.5 per cent for the first quarter of 2013 to £65.1m, compared to £61.1m year-on-year. Industrial chemicals sales were up 10.4 per cent at £22.3m compared to £20.2m in 2012. “This was achieved against a particularly strong performance in the same period in 2012 and despite the adverse impact of an earlier Easter this year,” said the Yorkshire-based firm.