2022 Financial Performance
US$1.96 billion
Revenue – 32% increase
US$187.3 million
Operating Income – 42% increase
US$586.7 million
Gross Profit – 35% increase
AUS$225.4 million
Adjusted EBITD – 26% increase
Performance Chemicals
Our Performance Chemicals business delivered full-year sales and operating income for 2022, well up on the previous year. Driving this growth are our industry-leading technologies which are well matched to the current market trends of wellness and sustainability.
Fuel Specialties
Fuel Specialties delivered strong returns although inflation impacted profit margins. As the world changes and we move towards low-carbon fuels, our business continues to evolve to support our customers.
Oilfield Services
Oilfield Services finished the year with stronger than expected results. Sales and profits rose significantly with demand for production chemicals up sharply. The business overcame many residual challenges from the pandemic to record a 75% increase in sales and fourfold increase in profits over the previous year.
Our commitment to responsible growth
Our business is committed to achieving responsible growth. To do this we focus on continuously improving our financial performance to generate economic benefits for our employees, shareholders and local communities. We also focus on product innovation and application development to ensure that we can add critical value to the partnerships we enjoy with our global customers.
Inside this section
Innovation
Investment in our sites, our laboratory facilities, our workforce, and our systems and processes help drive innovation by enabling us to work more efficiently and effectively with our colleagues and customers.
Learn MoreProduct Sustainability
Supplying safe, sustainable products, designed to meet the needs of society now and in the future, while minimizing their environmental impact.
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