Yule Catto boosts sales by 27pc

British chemicals maker Yule Catto reported a 27 per cent rise in full-year pre-tax profit yesterday, helped by cost cuts and a weaker pound, and said it was comfortable with the 2010 market consensus view. For the year to the end of December, the company posted a pre-tax profit of £41.5m before special items, compared with £32.7m a year ago. Sales fell 9.7 per cent to £527.9m.