Innospec Q3 revenue up 42% to $376.1M; adj. EPS $1.15; annual dividend raised 12% to $1.16

INNOSPEC INC.

2021-Q3 EPS reported $2.78 revenue$1,070,200,000

Revenue $376.1M (+42% YoY); net income $23.4M ($0.94 GAAP EPS) vs $12.7M ($0.51) last year.
Adjusted non-GAAP EPS of $1.15, up from $0.71 in Q3 2020.
Performance Chemicals achieved record quarterly sales; Fuel Specialties and Oilfield Services grew strongly.
Semi-annual dividend $0.59 declared ($1.16 annual, 12% increase); payable Nov 24 to holders of record Nov 16.
Net cash $89.2M; cash from ops $2.8M impacted by working capital to offset supply-chain disruption.

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