Innospec Q4 GAAP loss $2.80 on $155.6M pension charge; adjusted EPS $1.41

INNOSPEC INC.

2024-FY EPS reported $1.42 revenue$1,845,400,000

GAAP net loss of $70.4M ($2.80 per share) driven by $155.6M non-cash UK pension buyout settlement charge.
Adjusted non-GAAP EPS of $1.41 vs $1.84 a year ago; revenue $466.8M (-6% YoY).
Performance Chemicals operating income +14%; Fuel Specialties +7%; Oilfield Services continued weakness in Latin America.
Generated $25.7M cash from operations; net cash $289.2M at year-end.

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