Treatt plc

FY24 in line with expectations

  • Sectors : Foods
  • Companies : Treatt plc

Ratings and price correct at time of issue.

  • Treatt plc

    Closing Price: 427p

  • RATING 08/04/21

  • PREVIOUS RATING N/A

DAVY VIEW

Treatt’s full-year trading update confirms that it has delivered an in line result at the PBT line. EBITDA was a little behind forecast. Revenue delivery through the second half impressed and came in ahead of our expectations. Revenue momentum and cost discipline set the business up for 2025. Treatt will release FY24 results on December 4th, which will be the first formal opportunity to hear from new CEO David Shannon.

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Oct 10 2024, 08:10 IST/BST

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