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Treatt FY sales and profits in line with revised guidance
(Sharecast News) - Extracts and ingredients manufacturer Treatt said on Thursday that full-year revenues and profits would be in line with revised expectations. Treatt said FY25 revenues were set to fall to around £130.6m from £153.1m a year earlier, while pre-tax profits were expected to drop to £10.0m, down from £19.1m in FY24.
The London-listed group said trading conditions remained challenging in the second half of the year, with weaker demand in its Heritage segment due to elevated citrus oil prices, and softer North American sales amid subdued consumer confidence.
Revenue declined across all segments, with Heritage down 15%, Premium 13%, and New 17%, though the overall revenue mix remained unchanged year-on-year.
Treatt added that net debt stood at £5.9m at year-end, up from £700,000 in FY24, reflecting a £5m share buyback and ongoing cash discipline.
As of 1000 BST, Treatt shares were down 0.18% at 280.50p.
Reporting by Iain Gilbert at Sharecast.com
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