Business
Results for the year ended 31 December 2021
Results for the year ended 31 December 2021.
About this update from Croda International Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1101D\n Croda International PLC\n 01 March 2022\n \n \n \n Press Release\n 1 March 2022\n \n Results for the year ended 31 December 2021\n Record financial performance - strategy executed with agility\n Croda International Plc (\"Croda\" or the \"Group\"), the company that uses smart science to create high performance ingredients and technologies that improve lives, announces its full year results for the year ended 31 December 2021.\n Highlights\n \n \n \n \n \n \n \n \n \n \n Statutory results (IFRS)\n \n \n Adjusted results\n \n \n \n \n Full year ended 31 December\n \n \n 2021\n \n \n 2020\n \n \n change\n \n \n 2021\n \n \n 2020\n \n \n change\n \n \n change constant currency\n \n \n \n \n \n Sales (£m)\n \n \n \n 1,889.6\n \n \n \n 1,390.3\n \n \n \n \n 35.9%\n \n \n \n 1,889.6\n \n \n \n 1,390.3\n \n \n \n \n 35.9%\n \n \n \n \n 43.2%\n \n \n \n \n \n \n Operating profit (£m) \n \n \n \n 438.2\n \n \n \n 290.0\n \n \n \n \n 51.1%\n \n \n \n 468.6\n \n \n \n 319.6\n \n \n \n \n 46.6%\n \n \n \n \n 54.4%\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 24.8\n \n \n \n 23.0\n \n \n \n \n 180bps\n \n \n \n \n \n \n \n \n \n \n \n \n \n Profit before tax (£m) \n \n \n \n 411.5\n \n \n \n 269.5\n \n \n \n \n 52.7%\n \n \n \n 445.2\n \n \n \n 300.6\n \n \n \n \n 48.1%\n \n \n \n \n 56.2%\n \n \n \n \n \n \n Basic earnings per share (p)\n \n \n \n 230.0\n \n \n \n 155.1\n \n \n \n \n 48.3%\n \n \n \n 250.0\n \n \n \n 175.5\n \n \n \n \n 42.5%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Ordinary dividend per share (p)\n \n \n \n 100.0\n \n \n \n 91.0\n \n \n \n \n 9.9%\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 153.6\n \n \n \n 176.9\n \n \n \n \n (13.2)%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Net debt (£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 823.2\n \n \n \n 800.5\n \n \n \n \n 2.8%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Record financial performance\n \n · \n All businesses trading ahead of pre-pandemic levels\n \n \n o \n Underlying sales up 26% on 2020 - comprising volume up 9% and price/mix up 17%\n \n \n o \n Underlying sales ...