Treatt numbers still in ‘lime’ with expectations despite weak citrus prices
The price of orange oil, which contributes to 33% of the group’s revenue, fell by over 50%, while lemon price also showed “substantial weakness”
Company
Treatt PLC
LON:TET
We are a global independent ingredients manufacturer and supplier to the flavour, fragrance and consumer goods industries, adding particular focus to the innovative beverage market. Our people work in partnership with customers across the global flavour, fragrance and consumer goods markets from our bases in the UK, the US and China to deliver true sensorial brilliance, time and time again.
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Hardware & electrical equipment
Treatt expects full-year profits to be in line despite forex fluctuations and weak citrus prices
"We are encouraged by our order book which is comfortably up compared with the same time in the prior year, notwithstanding the weakness in some key citrus raw material input prices," Treatt said
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