Croda International
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Croda International (CRDA) investor relations material

Croda International Q1 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 TU earnings summary22 Apr, 2026

Executive summary

  • Q1 2026 sales rose 1% at constant currency, matching a strong prior year quarter and aligning with guidance.

  • Growth in Beauty Actives and Fragrances & Flavours offset declines in Crop Protection.

  • No material impact from Middle East conflict; region represents about 5% of group sales, mainly in F&F.

  • Transformation programme is progressing as planned, supporting future margin improvement and a three-year growth plan.

Financial highlights

  • Q1 sales reached GBP 446 million at constant currency; reported sales were £431m, a 2% decline year-over-year.

  • Consumer Care sales up 4%, led by Beauty Actives (up 12%) and F&F (up 10%).

  • Life Sciences sales down 3%, mainly due to an 8% decline in Crop Protection; Seed Enhancement up 2%.

  • Industrial/Industrial Specialties sales down 2% year-over-year.

Outlook and guidance

  • No change to full-year 2026 guidance; sales expected to be flat between H1 and H2.

  • Confident in delivering consistent sales growth, enhanced profitability, and improved returns through 2028.

  • Anticipated negative FX impact of approximately £4m on FY26 operating profit if current rates persist.

  • Transformation and innovation-led growth expected to drive results over the next three years.

Transformation impact on margin improvement
Crop Protection inventory normalization timing
Middle East conflict impact and pricing response
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H1 202628 Jul, 2026
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