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Trading Statement

30 Sep 2013 07:00

RNS Number : 1767P
Treatt PLC
30 September 2013
 

 

 

30 September 2013

 

TREATT PLC

Pre-Close Trading Update for year ending 30 September 2013

Treatt PLC (the 'Group'), the manufacturer and supplier of conventional, organic and fair traded ingredient solutions for the flavour, fragrance and consumer goods industries today publishes a pre-close period trading update for the year ending 30 September 2013.

Following the Q3 IMS published on 1 August 2013, the Board is pleased to confirm that trading in Q4 has remained steady across the Group, following a strong Q3. Although the final quarter of the financial year is seasonally a quieter period for the Group, this year Q4 has held up well. As a consequence, the Group expects to report profits before tax and exceptional items in line with its expectations. The exceptional items relate to legal and professional fees in respect of litigation arising from the acquisition of the Earthoil Group in 2008, and the company's costs in respect of the shareholder matters that arose earlier in the year. Whilst profit before tax is expected to meet the Board's expectations which were revised upwards in May, revenue from our lower margin business is expected to be a little lower than anticipated due to customer product mix variations and market conditions for some ingredients. This affected revenues but had little impact on profits.

Looking beyond the current financial year, order books for the first quarter of the new financial year, which is seasonally the Group's weakest quarter, are encouraging. The coming year will be the first full financial year to see the benefits of the new strategy with its focus on selling added-value ingredient solutions to leading FMCG and beverage businesses, whilst maintaining a tight control of costs.

Treatt Plc's results for the year ending 30 September 2013 will be announced on 9 December 2013.

 

For further information please contact:

 

Daemmon Reeve

Chief Executive Officer

 

Richard Hope

Finance Director

01284 702500

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Date   Source Headline
1st May 20263:25 pmRNSForm 8.3 - Treatt plc
1st May 20263:21 pmRNSForm 8.3 - TREATT PLC
1st May 20263:00 pmRNSForm 8.3 - Treatt PLC
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1st May 202610:03 amRNSForm 8.3 TREATT PLC
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1st May 20269:23 amBUSForm 8.5 (EPT/RI)-Treatt Plc
30th Apr 20263:27 pmRNSForm 8.3 - TREATT PLC
30th Apr 20263:20 pmRNSForm 8.3 - Treatt plc
30th Apr 20262:28 pmRNSForm 8.3 - Treatt PLC
30th Apr 20261:13 pmRNSForm 8.3 TREATT PLC
30th Apr 202612:45 pmRNSForm 8.3 - Treatt plc
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30th Apr 202612:00 pmRNSForm 8.5 (EPT/RI) Treatt plc
30th Apr 202611:47 amRNSForm 8.3 Treatt Plc
30th Apr 202611:42 amRNSForm 8.3 - Treatt Plc
30th Apr 202610:53 amRNS20260429_TREATT PLC_8.5 EPT RI_UK_MLI
30th Apr 202610:51 amGNWForm 8.5 (EPT/RI)- Treatt Plc
30th Apr 202610:51 amBUSForm 8.5 (EPT/RI)- Treatt Plc
30th Apr 20269:46 amGNWForm 8.3 - [TREATT PLC - OPENING DISCLOSURE - 29 04 2026] - (CGAM)
30th Apr 20269:46 amBUSForm 8.3 - [TREATT PLC - OPENING DISCLOSURE - 29 04 2026] - (CGAM)
29th Apr 20264:43 pmRNSUpdate on Letters of Intent
29th Apr 202611:40 amRNSForm 8.3 - Treatt plc
29th Apr 20267:45 amRNSDisclosure Table
29th Apr 20267:01 amRNSHalf Year Results
29th Apr 20267:00 amRNSRecommended cash acquisition of Treatt plc
7th Apr 20267:00 amRNSDirectorate and Board Committee Changes
26th Mar 20263:52 pmRNSResult of AGM
26th Mar 20267:00 amRNSAGM Trading Update
4th Mar 20264:00 pmRNSHolding(s) in Company
19th Feb 20262:54 pmRNSVoting Rights and Capital
12th Feb 20267:00 amRNSUpdate on CFO Recruitment and Board Committees
30th Jan 20264:13 pmRNSAnnual Report and Notice of Annual General Meeting
26th Jan 20264:02 pmRNSHolding(s) in Company
20th Jan 20267:01 amRNSRelationship Agreement and Board Appointment
20th Jan 20267:00 amRNSFull Year Results
12th Jan 20264:25 pmRNSHolding(s) in Company
8th Dec 20257:00 amRNSBoard and Management Appointments & Results Notice
3rd Dec 20257:00 amRNSDirectorate change
1st Dec 202510:24 amRNSBlock Listing Six Monthly Return
1st Dec 202510:21 amRNSBlock Listing Six Monthly Return
25th Nov 20257:00 amRNSDirectorate change
21st Nov 20257:00 amRNSDirectorate change
4th Nov 20251:15 pmRNSForm 8.3 - Treatt Plc
4th Nov 20251:09 pmRNSForm 8.3 TREATT PLC
4th Nov 202512:00 pmRNSForm 8.5 (EPT/RI) Treatt Plc
4th Nov 20259:18 amGNWForm 8.5 (EPT/RI)-Treatt plc

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