Treatt plc (GB:TET) has released an update.
Treatt PLC has reported a strong finish to 2024, with a second-half revenue surge of 16% contributing to a full-year revenue increase of 5% to approximately £155.2 million and profits before tax and exceptional items up 9% to around £18.8 million, in line with expectations. The company has significantly reduced its year-end net debt to £0.7 million, down from £10.4 million the previous year, while continuing to expand with new business wins, particularly in China. These financial achievements reflect the company’s robust sales momentum and disciplined cost management strategies.
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