Business
Results for the six months ended 30 June 2020
Results for the six months ended 30 June 2020.
About this update from Croda International Plc
[{"type":"text","content":"\n \n \n RNS Number : 8162T\n Croda International PLC\n 23 July 2020\n \n \n \n Press Release\n 23 July 2020\n \n Results for the six months ended 30 June 2020\n Strong business model delivers resilient performance\n Croda International Plc (\"Croda\" or the \"Group\"), the speciality chemical company that creates high performance ingredients and technologies relied upon by industries and consumers globally, today announces its half year results for the six months ended 30 June 2020.\n Highlights:\n \n \n \n \n \n \n \n \n \n \n Half year ended 30 June\n \n \n \n \n \n Adjusted1 results\n \n \n \n \n \n \n 2020\n \n \n \n 2019\n \n \n % change\n reported rate\n \n \n % change\n constant rate2\n \n \n \n \n \n Sales - Core Business3\n \n \n \n \n £million\n \n \n \n 625.9\n \n \n \n 657.9\n \n \n \n \n (4.9)\n \n \n \n \n (6.0)\n \n \n \n \n \n \n Operating profit\n \n \n \n \n £million\n \n \n \n 161.6\n \n \n \n 179.4\n \n \n \n \n (9.9)\n \n \n \n \n (9.4)\n \n \n \n \n \n \n Profit before tax (PBT)\n \n \n \n \n £million\n \n \n \n 152.5\n \n \n \n 170.6\n \n \n \n \n (10.6)\n \n \n \n \n (10.1)\n \n \n \n \n \n \n Basic earnings per share (EPS)\n \n \n \n \n pence\n \n \n \n 88.8\n \n \n \n 98.2\n \n \n \n \n (9.6)\n \n \n \n \n (9.1)\n \n \n \n \n \n \n Return on sales4\n \n \n \n \n %\n \n \n \n 24.0\n \n \n \n 25.1\n \n \n \n \n (1.1)ppts\n \n \n \n \n n/a\n \n \n \n \n \n \n Free cash flow5\n \n \n \n \n £million\n \n \n \n 80.2\n \n \n \n 94.5\n \n \n \n \n (15.1)\n \n \n \n \n n/a\n \n \n \n \n \n \n \n \n \n \n \n Half year ended 30 June\n \n \n \n \n \n \n \n Reported results (IFRS)\n \n \n \n \n \n 2020\n \n \n 2019\n \n \n % change\n \n \n \n \n \n \n \n \n Sales\n \n \n \n \n £million\n \n \n \n 672.9\n \n \n \n 714.7\n \n \n \n \n (5.8)\n \n \n \n \n \n \n \n \n \n Operating profit\n \n \n \n \n £million\n \n \n \n 154.0\n \n \n \n 175.0\n \n \n \n \n (12.0)\n \n \n \n \n \n \n \n \n \n Profit before tax (PBT)\n \n \n \n \n £million\n \n \n \n 144.9\n \n \n \n 166.2\n \n \n \n \n (12.8)\n \n \n \n \n \n \n \n \n \n Basic EPS\n \n \n \n \n pence\n \n \n \n 84.1\n \n \n \n 95.6\n \n \n \n \n (12.0)\n \n \n \n \n \n \n \n \n \n Ordinary dividend per share\n \n \n \n \n pence\n \n \n \n 39.5\n \n \n \n 39.5\n \n \n \...