Energy and petrochemicals are very significant inputs into this business and, given FY2023 will in all likelihood be a full year of elevated energy and petrochemical prices (which typically lag the oil price be 6 to 9 months), to still increase constant currency EPS between 3% and 8% will be quite commendable, I think.
[Approaching fair value now, methinks]
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Ann: Form 8-K - FY22 Results, page-3
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