Treatt plc

Encouraging H1-24 trading update

  • Sectors : Foods
  • Companies : Treatt plc

Ratings and price correct at time of issue.

  • Treatt plc

    Closing Price: 405p

  • RATING 08/04/21

  • PREVIOUS RATING N/A

DAVY VIEW

Treatt’s half-year trading statement is an encouraging update with revenue acceleration providing positive reassurance. It is likely that the nadir in volume trajectory has passed. The foundation for H2 is good with a solid order book and healthy sales pipeline. The group expects full year profit before tax and exceptional items (PBTE) to be in line with expectations.

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Apr 10 2024, 08:45 IST/BST

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