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Trading statements

Treatt forecasts 24% annual revenue surge

02 October 2017 08:08

Treatt said it has continued to perform strongly in the second half of the financial year and expects to report profit before tax and exceptional items comfortably in line with its recently-upgraded expectations.

The relatively stronger US dollar against the British pound has also had a positive impact on the group's results.

Revenue is expected to be around 24% up on last year and 19% higher on a constant currency basis.

"The group's focus on key growth drivers in the beverage sector including innovative citrus, tea and sugar reduction solutions, as well as important markets such as China and North America, is showing clear signs of success," Treatt said.

At 8:08am: (LON:TET) Treatt PLC share price was +3.5p at 464.5p

Story provided by StockMarketWire.com

Related Company: TET

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