Business
Results for the six months ended 30 June 2022
Results for the six months ended 30 June 2022.
About this update from Croda International Plc
[{"type":"text","content":"\n \n \n Press Release\n \n \n 29 July 2022\n \n \n \n \n \n Results for the six months ended 30 June 2022\n \n \n Excellent first half performance driving profit growth\n \n \n Croda International Plc (\"Croda\" or the \"Group\") announces its half year results for the six months ended 30 June 2022. \n \n \n Highlights\n \n \n \n \n \n \n \n \n \n \n \n \n \n Statutory results (IFRS)\n \n \n \n \n Adjusted results\n \n \n \n \n \n \n Half year ended 30 June\n \n \n \n \n 2022\n \n \n \n \n 2021\n \n \n \n \n change\n \n \n \n \n 2022\n \n \n \n \n 2021\n \n \n \n \n change\n \n \n \n \n change constant currency\n \n \n \n \n \n \n Sales (£m)\n \n \n \n \n 1,127.3\n \n \n \n \n 934.0\n \n \n \n \n 20.7%\n \n \n \n \n 1,127.3\n \n \n \n \n 934.0\n \n \n \n \n 20.7%\n \n \n \n \n 18.3%\n \n \n \n \n \n \n Operating profit (£m)\n \n \n \n \n 288.6\n \n \n \n \n 218.5\n \n \n \n \n 32.1%\n \n \n \n \n 300.4\n \n \n \n \n 242.1\n \n \n \n \n 24.1%\n \n \n \n \n 21.8%\n \n \n \n \n \n \n Return on sales (%)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 26.6\n \n \n \n \n 25.9\n \n \n \n \n 70bps\n \n \n \n \n \n \n \n \n \n \n \n \n \n Profit before tax (£m)\n \n \n \n \n 636.5\n \n \n \n \n 204.1\n \n \n \n \n 211.9%\n \n \n \n \n 288.8\n \n \n \n \n 229.5\n \n \n \n \n 25.8%\n \n \n \n \n 23.6%\n \n \n \n \n \n \n Basic earnings per share (p)\n \n \n \n \n 389.6\n \n \n \n \n 110.0\n \n \n \n \n 254.2%\n \n \n \n \n 155.2\n \n \n \n \n 124.0\n \n \n \n \n 25.2%\n \n \n \n \n 22.8%\n \n \n \n \n \n \n Ordinary dividend per share (p)\n \n \n \n \n 47.0\n \n \n \n \n 43.5\n \n \n \n \n 8.0%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Free cash flow (£m)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 21.1\n \n \n \n \n 42.7\n \n \n \n \n (50.6)%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Excellent first half performance\n \n \n \n \n \n \n \n \n •\n \n \n \n \n \n \n Delivered record sales, margin and profit\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n o \n Sales up 21%, driven by pricing and improved mix\n \n \n \n \n \n \n \n \n \n \n \n \n \n o \n Adjusted profit before tax up 26%, reflecting sales growth and higher return on sales, up 70 bps to 26.6% (2021: 25.9%)&nb...