Will Croda make FTSE 100? UK chemicals firm tipped for re-entry

Will Croda make FTSE 100? UK chemicals firm tipped for re-entry

Analysts are predicting a return to the FTSE 100 for UK chemicals company Croda this week, according to a report published by The Yorkshire Post.

Croda was demoted from the index in December 2013 but, thanks to a 10 percent rise in pre-tax profit in 2015, the company is tipped to rejoin the ranks of the UK’s biggest public companies.

Several companies are in the running, including property listings website Rightmove, Investec and Hika Pharmaceuticals, while Merlin Entertainments, Immersat and Indu Properties are expected to lose their top-ranking position.

 

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