18 Dec 2023 07:00
18 December 2023
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Croda International Plc
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Directorate change and Full Year 2023 outlook confirmed
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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.
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Commenting, Anita Frew, Chair of Croda said:
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"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."
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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.
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For enquiries contact:
Investors: David Bishop, Croda +44 7823 874428
Media: Charlie Armitstead, Teneo +44 7703 330269