Wednesday, July 30, 2025

Croda International reports steady growth and cost-saving initiatives

Croda International, the Goole-based chemicals company, has posted a 7% rise in sales for the first half of 2025, reaching £855.8 million. Pre-tax profits also saw an increase, up 8.4% to £138 million, driven by strategic cost-saving measures.

The company saw broad-based growth across its three business divisions. Consumer Care sales were up 7%, with significant growth in fragrances and flavours (17%) and home care (7%), while beauty care and beauty actives saw more modest increases. Life Sciences reported a 9% rise in sales, supported by strong demand in the crop and pharma sectors, with crop sales rising by 12% and pharma sales up 5%. Industrial Specialities grew by 4%, reflecting steady demand across various regions.

Despite a positive performance, Croda noted that second-quarter sales were slightly lower compared to the first quarter of the year, reflecting ongoing market uncertainty amid a volatile political and economic environment.

For the full year, Croda anticipates adjusted pre-tax profits in the range of £265 million to £295 million. As part of its long-term strategy, the company aims to achieve £100 million in annual cost savings by the end of 2027, with £60 million of savings already identified.

Croda’s CEO emphasised the company’s focus on simplifying operations and enhancing margins, positioning it for continued growth in a challenging business landscape.

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