Innospec Q1 revenue up 39% to $472.4M; adjusted EPS $1.53; dividend increased 11%

INNOSPEC INC.

2022-Q1 EPS reported $1.46 revenue$472,400,000

Revenue $472.4M (+39% YoY); net income $36.5M ($1.46 diluted EPS) vs $23.4M ($0.94)
Adjusted non-GAAP EPS $1.53 vs $1.06; EBITDA $59.0M (+43%)
Semi-annual dividend raised 11% to $0.63/share, payable May 26 to holders of record May 17
Repurchased 10,000 shares for $0.9M under board-authorized program
Cash used in operations $29.0M on working capital; net cash $105.6M

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