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Prices & Quotes - UK Markets - Croda International (CRDA)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 7,110.00p
Change Today:
66.00p
Market Cap:
10,134m
Sector:
Chemicals

Croda secures vaccine contract with Pfizer

By Michele Maatouk

Date: Tuesday 10 Nov 2020

LONDON (ShareCast) - (Sharecast News) - Specialty chemical company Croda International said on Tuesday that it has entered into an agreement with US-based Pfizer to supply novel excipients used in the manufacture of a Covid-19 vaccine candidate.
Set to run for five years, the agreement awards Croda an initial supply contract for four component excipients used in the production of the vaccine candidate for the first three years of the contract.

Demand remains subject to relevant approvals, Croda said.

Chief executive officer Steve Foots said: "I'm very proud of Croda's involvement in the battle to fight the most significant pandemic that we have seen in a generation. The application of our innovative capabilities is testament to the strong progress we have made to create industry-leading drug delivery systems, focused on developing speciality excipients and adjuvants to improve the effectiveness and stability of complex drug actives and vaccines."

Croda shares shot higher on the news and by 1400 GMT, were trading up 6.5% at 6,624p.

Pfizer announced on Monday that the Covid-19 vaccine it is developing with BioNTech had shown 90% efficacy in interim analysis.

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CRDA Market Data

Currency UK Pounds
Price 7,110.00p
Change Today 66.00p
52 Week High 7,134.00p
52 Week Low 5,004.00p
Volume 38,444
Shares Issued 142.54m
Market Cap 10,134m

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What The Brokers Say

Strong Buy 7
Buy 0
Neutral 8
Sell 0
Strong Sell 3
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CRDA Dividends

  Latest Previous
  Final Interim
Ex-Div 06-May-21 20-Aug-20
Paid 04-Jun-21 01-Oct-20
Amount 51.50p 39.50p

Trades for 14-Jun-2021

Time Volume / Share Price
12:42 84 @ 7,110.00p
12:42 30 @ 7,112.00p
12:42 26 @ 7,112.00p
12:42 17 @ 7,112.00p
12:42 70 @ 7,110.00p

CRDA Key Personnel

Chair Anita Frew