Last checked at 18 Dec 2023 07:00
18 December 2023
Croda International Plc
Directorate change and Full Year 2023 outlook confirmed
Croda International Plc ("Croda" or "the Company") today announces that Louisa Burdett, Chief Financial Officer, intends to leave the Company in June 2024 to become Chief Financial Officer at Spirax-Sarco Engineering plc. The Board has commenced the search for Louisa's successor.
Commenting, Anita Frew, Chair of Croda said:
"On behalf of the Board and all Croda colleagues, Steve Foots and I would like to thank Louisa for her contribution to the Company. Louisa will leave with our best wishes next summer and in the meantime, a search for her successor is underway. A further announcement will be made in due course."
Croda confirms that trading is in line with previous guidance and Full Year 2023 Group adjusted profit before tax (PBT) is still expected to be between £300m and £320m. Principally due to recent currency movements, notably in Argentina, PBT is expected to be towards the lower end of that range.
For enquiries contact:
Investors: David Bishop, Croda +44 7823 874428
Media: Charlie Armitstead, Teneo +44 7703 330269