Markets in brief sees £40m hike in revenue for chemicals company; Provident proves profitable but warns of Brexit woes

SALES at Croda International increased by more than £40m compared to last year.

The Snaith-based chemicals company also reported pre-tax profits up by £10m to £145.1 for the half year to 30 June 2016.

Steve Foots, Croda's chief executive, commented: "Despite subdued demand in the first half of 2016, we have delivered a strong bottom line performance, improving our operating margin through a richer product mix, whilst also increasing profit and the dividend.

"Our strategy is driving more protected innovation, c... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...