Smart science to improve lives™

Focused on delivery

As the name behind some of the world’s most successful brands, we combine our knowledge, passion and entrepreneurial spirit to develop and supply innovative ingredients relied on by industries and consumers around the world. Our Purpose, Smart science to improve lives™, underpins our approach and guides what we do.

anita frew

Dame Anita Frew DBE

Chair

Download statement
Steve Foots

Steve Foots

CEO

Download statement
louisa burdett

Louisa Burdett

CFO

Download statement

2023 highlights

 
 

Sales

£1,694.5m

2022: £2,089.3m

Sales growth (constant currency)

-18.5%

2022: +5.2%

Adjusted profit before tax

£308.8m

2022: £496.1m

IFRS profit before tax

£236.3m

2022: £780.0m

Ordinary dividend (proposed full year)

0.9%

2022: +8.0%

Scope 1 & 2 emissions(TCO₂e)

101,246

(2022: 121,122)

Land area saved

58,815

Hectares (versus 2019 baseline)

Our markets

Consumer care

Consumer Care

We develop innovative and sustainable ingredients that provide vital functionality to Consumer Care formulations, enabling customers to differentiate their products.

Already recognised as a market-leading innovator, our strategy is to continue to strengthen Consumer Care in fast growth niches, by accelerating innovation, expanding our sustainable product portfolio and enhancing our customer intimacy.

Sector review
croda

Life Sciences 

We provide innovative delivery systems that enable the delivery of active ingredients in Pharma and Agriculture.

Our strategy is to expand Life Sciences to empower biologics delivery, enabling the move from small chemically synthesised molecules to large and complex biologics, a megatrend which is transforming the pharmaceutical market and will transform agriculture.

Sector review

Reasons to invest in Croda

Strong fundamentals

As a purpose-led organisation we collaborate with our customers to create innovative ingredients that deliver meaningful benefits, using Smart science to improve lives. Our culture, innovation model and customer intimacy are the strong foundations on which our business is built.

A purpose-led business delivering positive impact
By developing and supplying ingredients that are included at low inclusion levels but are vital to the functionality and claims of our customers’ products, we can have an outsized positive impact, applying our Smart science to improve lives.

We partner and create value across the full development lifecycle
Direct selling supports customer intimacy, with customer insight informing innovation priorities. We partner with customers, academia and SMEs to develop ingredients that address global challenges and build strong relationships in the process.

Our high-performance and innovation focused culture is unique
As a people-based business our culture is pivotal to our success and our unique values-based culture transcends our global operations.