Croda International PLC
CRDA: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|fH@ | LOCK|yyVk# | LOCK|hhP!Q# |
Croda Earnings: Beauty Shines, but Pharma Solutions Continue to Drag; Fair Value Cut by 23%
Croda's organic sales growth accelerated to 9% in constant currency in the second quarter, from 1% previously, driven by strong growth in beauty actives, partially offset by a steep decline in pharma solutions. Adjusted operating margin improved to 17.7%. Shares rose 6% in July 28 trading.
