Croda International PLC (FRA:6CMB)
€ 41.13 -0.24 (-0.58%) Market Cap: 5.73 Bil Enterprise Value: 6.35 Bil PE Ratio: 29.61 PB Ratio: 2.08 GF Score: 82/100
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Half Year 2022 Croda International PLC Earnings Call Transcript

Jul 29, 2022 / 09:00AM GMT
Release Date Price: €84.5 (+3.05%)
Stephen Edward Foots
Croda International Plc - Group Chief Executive & Executive Director

Good morning, everyone, and many thanks for joining our Half Year results call. As usual, I am here with Jez and David, and we will of course be very happy to answer your questions once we have been through today's presentation. The agenda will be one you recognize, first some highlights from me, then over to Jez for detail on the numbers. I will then come back to talk about our future growth platform, explain why we are so excited by it and how it underpins our outlook for the second half of the year and beyond.

It's been an excellent first half, driven by very encouraging progress across all areas of the business. Once again, we've seen the unique strengths of Croda's business model, especially in our ability to manage unprecedented inflation by successfully passing on higher costs to customers.

We are also delivering our strategy. At the end of June, we completed the sale of the majority of our industrial businesses, fulfilling our ambition to become a pure-play consumer care and life

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