- Adjusted operating profit reached £279.7 million, slightly exceeding the estimate of £277.1 million.
- Consumer Care segment posted an adjusted profit of £160.2 million, falling short of the £163.1 million estimate.
- Life Sciences segment outperformed expectations with an adjusted profit of £104.0 million, compared to the £98.5 million estimate.
- Industrial Specialties also surpassed projections, reporting an adjusted profit of £15.5 million against an estimate of £14.7 million.
- Total sales amounted to £1.63 billion, marginally below the estimated £1.64 billion.
- Consumer Care sales reached £920.0 million, slightly above the estimated £918.7 million.
- Life Sciences sales were £504.3 million, falling short of the £516.1 million forecast.
- Industrial Specialties sales were £203.8 million, exceeding the estimated £199.1 million.
- Adjusted pretax profit came in at £260.0 million, surpassing the estimate of £256.5 million.
- Reported pretax profit was £207.8 million, lower than the expected £221.2 million.
- A final dividend per share was declared at 63p, with a total dividend per share at 110.0p, slightly above the 109.6p estimate.
- Adjusted earnings per share were 142.6p, outperforming the estimate of 136.9p.
- Life Sciences struggled due to the absence of Covid-19 lipids and weak sales in consumer health markets, yet showed improvement in the second half due to better demand in Crop Protection.
- Analysts’ consensus on the stock: 6 buys, 9 holds, and 0 sells.
A look at Croda International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts foresee a promising long-term outlook for Croda International, a leading chemical company known for its diverse product range. With solid scores across various factors, including Value, Dividend, Resilience, and Momentum, Croda International appears well-positioned for sustained growth and stability. While the Growth score is slightly lower, the company’s strengths in other areas bode well for its future performance in the global market.
Croda International plc, the parent company of a group dealing in chemicals and chemical products, serves a wide array of industries ranging from personal care to automotive. With its respectable Smart Scores in key areas, Croda International demonstrates the potential for continued success and market resilience in the coming years, making it a company to watch for investors seeking a balanced and dependable investment option.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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