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Treatt PLC Ord 2P (TET)

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11-May-2021 07:27 AM

Treatt hikes dividend, upgrades guidance as first-half profit jumps 73%

Ingredients and flavouring supplier Treatt upgraded its annual guidance and increased its divided as it reported a 73% jump in first-half profit. Pre-tax profit for the six months through March rose to £9.7 million, up from £5.6 million year-
12-Apr-2021 07:19 AM

Treatt sees first-half revenue rising 14%; improved margins

Ingredients supplier Treatt said it expected to grow its first-half revenue by 14%, while also achieving an improvement in margins. Revenue for the six months through March was seen rising to around £60.8 million, up from £53.6 million year-o
24-Nov-2020 07:50 AM

Treatt profit rises 9.5%; hikes dividend

Drink and flavouring ingredient supplier Treatt posted a 9.5% rise in annual profit that it said exceeded its pre-Covid expectations. Pre-tax profit for the year through September from continuing operations increased to £13.7 million, up from &poun
09-Oct-2020 07:47 AM

Treatt forecasts modest profit rise, even as sales slip 3%

Ingredients supplier Treatt said it expected to report a modest rise in annual profit, even as its revenue slipped. Pre-tax profit before exceptional items was expected to increase to around £14 million, which the company said was in line with its
07-Apr-2020 07:24 AM

Treatt sees higher demand in cleaning, beverages sectors amid Covid-19 crisis

Ingredients and flavouring supplier Treatt said it had experienced strong demand in recent weeks, as customers get requests for beverages consumed at home and cleaning products amid the Covid-19 pandemic. However, the company said it still expected its r
26-Nov-2019 08:34 AM

Treatt lifts dividend 7.8% as underlying profit improves

Flavoring ingredient provider Treatt booked a 28% fall in annual profit owing to a loss on the disposal of a businesse sin Kenya, though its underlying performance improved. Net profit for the year through September fell to £8.8m, down from £
04-Oct-2019 07:15 AM

Treatt annual revenue up 1%; growth limited by lower citrus prices

Flavour and ingredients supplier Treatt said it expected to post a 1% rise in annual revenue after growth was limited by a steep fall in citrus raw-material prices. Revenue for the year through September was expected to nudge up to around £112.7m,
07-May-2019 07:34 AM

Treatt profit falls 28% due to loss on sale of Earthoil Plantations

Ingredient supplier Treatt booked a 28% fall in first-half profit after it booked a loss on the sale of vegetable seed oil business Earthoil Plantations. Net profit for the six months through March fell to $3.7m, down from $5.1m on-year. Earthoil, which
05-Apr-2019 07:10 AM

Treat first-half sales rise 7% despite weak citrus price

Flavour and fragrance ingredient supplier Treatt said its first-half revenue grew by 7% despite price weakness in its key citrus category. On a constant currency basis, revenue for the six months through March rose 5%. Treatt said it expected exchange r
27-Nov-2018 08:02 AM

Treatt profit hit by UK headquarters shift

Ingredient and flavoring supplier Treatt posted a slight fall in annual profit owing to costs associated with relocating its UK headquarters, though underlying earnings rose. Pre-tax profit for the year through September fell to £11.5m, down from &
02-Oct-2018 08:24 AM

Treatt sees revenue rising 9%; margins falling 'a little'

Ingredient and flavoring supplier Treatt said it had grown annual like-for-like sales by 9%, though margins had fallen. In a trading update for its financial year through September, the company said it expected to report a pre-tax profit in line with its
08-May-2018 08:12 AM

Treatt revenues rise, conditional sale of Earthoil Plantations announced

Ingredient solutions specialist Treatt said sales increased 14% to £53.6m in the six months ended 31 March 2018. Adjusted profit before tax of £5.8m for the half year ended 31 March 2018 was 20% higher than the £4.8m reported for the co
05-Apr-2018 08:04 AM

Treatt revenue up 11% in first half

Treatt, the manufacturer and supplier of ingredient solutions for the flavour, fragrance, beverage and consumer product industries, grew its revenue by approximately 11% in the six months ended 31 March 2018. The core business categories of citrus, tea a
28-Nov-2017 09:34 AM

Treatt profit rises; to raise £21.6m

Flavoring and fragrance provider Treatt posted a large rise in annual profit, while launching a share issue to raise £21.6m. Pre-tax profit jumped 46% to £12.9m, as revenue increased by 25% to £109.6m. New shares in the company will be
02-Oct-2017 08:08 AM

Treatt forecasts 24% annual revenue surge

Treatt said it has continued to perform strongly in the second half of the financial year and expects to report profit before tax and exceptional items comfortably in line with its recently-upgraded expectations. The relatively stronger US dollar against
22-Dec-2016 03:35 PM

Treatt update on site relocation

Treatt says that further to its proposed site relocation it has conditionally exchanged contracts on a ten acre plot of land on Suffolk Park being developed by Jaynic in Bury St Edmunds. Completion of the purchase, the price of which is subject to contr
29-Nov-2016 11:40 AM

Broker Forecast - Investec issues a broker note on Treatt PLC

Investec today reaffirms its buy investment rating on Treatt PLC (LON:TET) and raised its price target to 290p (from 210p). Story provided by StockMarketWire.com...
30-Sep-2016 01:02 PM

Treatt ahead

Treatt expects profit before tax and exceptional items for the year ending 30 September to be comfortably above its previous expectations. An update from the manufacturer and supplier of innovative ingredient solutions for the flavour, fragrance and FM
17-May-2016 07:42 AM

Treatt improves H1 pretax profit and dividend

Treatt has improved its H1 pretax profit to GBP3.2m, from GBP2.8m, with revenue dipping to GBP40.9m, from GBP41.4m. It hiked its interim dividend by 5% to 1.35p a share. It is confident of meeting its FY expectations. CEO Daemmon Reeve said the business
13-May-2016 03:33 PM

Treatt strengthens its board

Treatt has appointed Richard Illek as a non-executive director from 1 June. Illek retired from PepsiCo on 31 March following 28 years with the company, during which time he served in various senior roles around the world including plant manager, QA mana
08-Dec-2015 11:50 AM

Broker Forecast - Investec issues a broker note on Treatt PLC

Investec today reaffirms its buy investment rating on Treatt PLC (LON:TET) and raised its price target to 180p (from 173p). Story provided by StockMarketWire.com...
08-Dec-2015 07:33 AM

Treatt improves FY pretax profit

Treatt has improved its FY pretax profit to GBP7.8m, from GBP5.5m. Revenue was GBP85.9m, from GBP79.2m. Total dividend was up 5% to 404p a share. CEO Daemmon Reeve said: "Our strategy continues to bear fruit and gives us confidence that the busine
02-Oct-2015 07:15 AM

Treatt's outlook

Treatt has performed well in H2 and expects to report FY revenue and pretax profit in line with its expectations. Following a quieter start, momentum grew as the financial year progressed, ending with a stronger fourth quarter. Revenues in the year hav
19-May-2015 07:47 AM

Treatt improves H1 pretax profit

Treatt has improved its H1 pretax profit to £2.8m, from £2.6m. Revenue was £41.4m, from £37.1m. Interim dividend was 1.28p, from 1.24p. CEO Daemmon Reeve said: "Our strategy continues to gain momentum. The performance and effort of our enabled
30-Mar-2015 07:38 AM

Treatt says on course to meet FY expectations

Treatt said, looking ahead to the second half of the financial year, its order books are encouragingly ahead of the same period last year and the board believes the group remains on course to meet its expectations for the full financial year ending 30 Sep

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