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Specialty chemicals maker Croda's full-year profit hurt by strong pound

Reuters - UK Focus

Feb 24 (Reuters) - Specialty chemicals maker Croda International Plc reported a 6.4 percent fall in full-year adjusted pretax profit, hurt by the strengthening of the British pound against the euro.

Adjusted pretax profit fell to 235.4 million pounds ($363.69 million) for the year ended Dec (Shanghai: 600875.SS - news) . 31 from 251.4 million pounds in 2013.

The company, which counts L'Oreal SA, Unilever Plc (NYSE: UL - news) , and Procter & Gamble Co among its customers, said revenue fell 2.8 percent to 1.05 billion pounds. ($1 = 0.6472 pounds) (Reporting by Abhiram Nandakumar in Bengaluru; Editing by Anupama Dwivedi)