Q1 2023 Croda International PLC Trading Statement Call Transcript
Good morning, everybody. I'm joined in the room this morning by Steve Foots, CEO; and Louisa Burdett, CFO, is also dialing in. We're recording this call this morning. We'll have some short opening remarks from Steve, and then we'll have 40 minutes for plenty of Q&A. Over to you, Steve.
Yes, thanks. Good morning, everybody, and thanks for joining the call at such short notice. Hopefully, you've had a chance to read the trading update that we issued first thing. There are 2 really key points to highlight in terms of what's changed for us since our results at the end of February.
Firstly, it's in Consumer Care. Whilst we've been encouraging -- we've been encouraged by the improving performance on quarter 4 last year and continue to see sequential recovery quarter 1 to quarter 2, the recovery has just been -- hasn't been as quick as we'd anticipated back in February. So destocking is ongoing, and we now
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
