Is this U.S.-China selloff a buy? A top Wall Street voice weighs in
Investing.com -- Treatt plc reported profit before tax and exceptional items of £10 million for fiscal year 2025, representing a 15% increase compared to analyst estimates.
The UK-based ingredients manufacturer posted annual sales of £130.6 million, a 1% increase versus expectations of £129.6 million, according to a trading update released Thursday.
Second-half performance showed improvement with sales reaching £66.4 million and profit before tax and exceptional items of £6.4 million, exceeding analyst forecasts of £65.4 million and £5 million respectively.
Despite the profit growth, Treatt faced challenges across its product categories. Heritage sales declined 15% year-over-year, worsening from an 11% drop in the first half, primarily due to sustained high citrus oil prices.
Premium sales fell 13% compared to the previous year, while New Market sales decreased 17%, showing significant deterioration from an 8% first-half decline.
The company reported net debt of £5.9 million at year-end, up from £0.7 million in fiscal year 2024, partly reflecting a £5 million share buyback program implemented during the year.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.