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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
 
 
TSTDMGZLVNFGFZM
Date   Source Headline
20th Oct 20252:27 pmRNSForm 8.3 TREATT PLC
20th Oct 202512:00 pmRNSForm 8.5 (EPT/RI) Treatt Plc
20th Oct 202511:59 amRNSForm 8.3 - Treatt Plc
20th Oct 202511:35 amRNSHolding(s) in Company
20th Oct 202511:33 amRNSHolding(s) in Company
20th Oct 202511:15 amGNWForm 8.5 (EPT/RI)-Treatt plc
20th Oct 20259:13 amRNSForm 8.3 -Treatt PLC
17th Oct 20255:20 pmRNSStatement re Further Investment in Treatt plc
17th Oct 20252:25 pmRNSForm 8.3 TREATT PLC
17th Oct 202512:24 pmRNSForm 8.3 - Treatt plc
17th Oct 202512:00 pmRNSForm 8.5 (EPT/RI) Treatt Plc
17th Oct 202511:45 amRNSForm 8.3 - Treatt plc
17th Oct 202510:15 amRNSForm 8.3 - Treatt Plc
17th Oct 20259:29 amGNWForm 8.5 (EPT/RI) - Treatt plc
16th Oct 20253:11 pmRNSForm 8.3 TREATT PLC
16th Oct 20252:49 pmRNSForm 8.3 - Treatt Plc
16th Oct 202512:00 pmRNSForm 8.5 (EPT/RI) Treatt Plc
16th Oct 202511:43 amRNSForm 8.3 - Treatt Plc
16th Oct 20259:32 amGNWForm 8.5 (EPT/RI) - Treatt plc
16th Oct 20259:27 amRNSForm 8.3 - Treatt plc
16th Oct 20257:00 amRNSDisclosure under Rule 2.10(a) of the Takeover Code
15th Oct 20253:20 pmRNSForm 8.3 - Treatt Plc
15th Oct 20252:26 pmRNSForm 8.3 TREATT PLC
15th Oct 202512:00 pmRNSForm 8.5 (EPT/RI) Treatt Plc
15th Oct 202511:40 amRNSForm 8.3 - Treatt Plc
15th Oct 20259:11 amGNWForm 8.5 (EPT/RI) - Treatt plc
14th Oct 20253:20 pmRNSForm 8.3 - Treatt Plc
14th Oct 20252:54 pmRNSForm 8.3 TREATT PLC
14th Oct 20251:20 pmRNSForm 8.3 - Treatt Plc
14th Oct 202512:00 pmRNSForm 8.5 (EPT/RI) Treatt Plc
14th Oct 20258:56 amGNWForm 8.5 (EPT/RI) - Treatt plc
13th Oct 20253:20 pmRNSForm 8.3 - Treatt Plc
13th Oct 20252:56 pmRNSForm 8.3 TREATT PLC
13th Oct 202512:29 pmRNSForm 8.3 - Treatt Plc
13th Oct 202512:00 pmRNSForm 8.5 (EPT/RI) Treatt Plc
13th Oct 20258:56 amGNWForm 8.5 (EPT/RI) - Treatt plc
10th Oct 20253:28 pmRNSForm 8.3 TREATT PLC
10th Oct 20253:20 pmRNSForm 8.3 - Treatt Plc
10th Oct 20253:09 pmRNSForm 8.3 - TREATT PLC
10th Oct 202512:00 pmRNSForm 8.5 (EPT/RI) Treatt Plc
10th Oct 202511:46 amRNSForm 8.3 - Treatt Plc
10th Oct 20258:53 amGNWForm 8.5 (EPT/RI)-Treatt plc
9th Oct 20253:20 pmRNSForm 8.3 - TREATT PLC
9th Oct 20253:20 pmRNSForm 8.3 - Treatt Plc
9th Oct 20252:01 pmRNSForm 8.3 - Treatt Plc
9th Oct 20251:59 pmRNSForm 8.3 TREATT PLC
9th Oct 202512:00 pmRNSForm 8.5 (EPT/RI) Treatt Plc
9th Oct 20259:07 amGNWForm 8.5 (EPT/RI)-Treatt plc
9th Oct 20257:00 amRNSTrading Update
8th Oct 20253:20 pmRNSForm 8.3 - Treatt Plc

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