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Treatt plc Reports Robust Financial Growth in 2024
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Treatt plc Reports Robust Financial Growth in 2024

Treatt plc (GB:TET) has released an update.

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Treatt plc reported a strong financial performance for the year ending September 2024, with a 3.8% increase in revenue to £153.1 million and a notable 36.3% rise in profit before tax to £18.5 million. The company’s net debt significantly decreased, and adjusted EBITDA reached a record £24.9 million, supported by strong revenue growth and cost discipline. Treatt’s strategic expansion, including a new innovation facility in Shanghai, positions it for further growth in the beverage, flavour, and fragrance industries.

For further insights into GB:TET stock, check out TipRanks’ Stock Analysis page.

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