Croda International Plc (OTCPK:COIHF) Q2 2025 Earnings Conference Call July 29, 2025 4:00 AM ET
Company Participants
David Bishop – Director of Investor Relations
Stephen Edward Foots – Group Chief Executive & Executive Director
Stephen Richard Oxley – CFO & Executive Director
Conference Call Participants
Artem Chubarov – Redburn (Europe) Limited, Research Division
Charles Eden – UBS Investment Bank, Research Division
Chetan Udeshi – JPMorgan Chase & Co, Research Division
Lisa Hortense Maria De Neve – Morgan Stanley, Research Division
Matthew John Peter Yates – BofA Securities, Research Division
Nicola Tang – BNP Paribas Exane, Research Division
Sebastian Christian Bray – Joh. Berenberg, Gossler & Co. KG, Research Division
Stephen Edward Foots
Good morning, everyone. Many thanks for joining us here at the London Stock Exchange today, and a warm welcome to everyone online as well. I’m here with Stephen Oxley, our CFO, who has been on board since the start of April. Stephen has been a great addition to the team and hit the ground running, not least in helping us to push forward our plan to grow earnings and improve returns. So more on that shortly.
So in terms of the agenda then, normal outline from us today and set out in the slide up there. Stephen and I will run through our performance and the progress we’ve made with our 5-point plan before stopping to take your questions.
So okay then, starting with some of the key highlights from the half. Overall, our financial performance was very much in line with our expectations at the start of the year. The second quarter moderated slightly versus the first, but group sales increased by 7% for the first half. Sales grew in all 3 businesses and in all regions. A strong improvement in volumes across the board more than offset a modest reduction in price/mix, leading to a
#Croda #International #Plc #COIHF #Earnings #Call #Transcript