UK's Croda to pass on tariff-related costs to customers through surcharge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2025
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Source: Reuters
Cost Pass-Through Strategy: Croda International plans to pass on additional costs from U.S. tariffs to customers as it aims to maintain profit margins amid high inflation, despite a decline in annual sales and profit for 2024.
Sales Performance and Market Response: The company reported a 9% increase in first-quarter sales, with shares rising by 10% following the update, although they remain down about 20% for the year; analysts are cautiously optimistic about its unchanged profit forecast for 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
