UK's Croda drops as Q1 sales weaken, co retains lower profit outlook
** Shares of FTSE 100 chemicals group Croda CRDA.L down 1.3% at 4825 pence
** Co says Q1 group sales down 10% to 409 mln pounds ($508.35 mln), citing a strong prior-year and challenging conditions in Life Sciences and Industrial Specialities businesses
** Co sticks to full-year pre-tax profit between 260 mln and 300 mln pounds, which is lower than 2023 levels
** Croda stock down ~5% YTD
($1 = 0.8046 pounds)
Reporting by Eva Mathews in Bengaluru
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