REG - Croda International - Directorate Change

Croda InternationalAnnouncement

18/12/2023 07:00

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RNS Number : 0646X  Croda International PLC  18 December 2023

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

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