Chemical maker Croda’s shares tumble following profit warning June 24, 2014 CRODA International, provider of chemicals for cosmetics, detergents and pesticides, saw its shares tank nine per cent yesterday after it forecast a drop in pre-tax profits for the full year compared to 2013, blaming a strong pound for the profit warning. The FTSE 250 listed speciality chemical company, which is the second largest distributor of [...]
Croda share price drops after profit warning June 24, 2014 Croda, the world's second-largest supplier of cosmetic ingredients, has seen its share price drop more than eight per cent in early trading this morning following a profit warning. The FTSE 250-listed global chemicals manufacturer, which counts Procter & Gamble, Unilever, L’Oreal and Estee Lauder among its customers, has warned that second quarter pre-tax profits will be about [...]