dreamcatcher
- 13 May 2013 17:15
partridge
- 07 Jun 2013 11:26
- 26 of 87
Illiquid, but only buy so far today gone through at 600p. dc - IC target may be reached sooner than they expected! Quite heavily invested here by my standards, so will wait for IMS next month before considering more. Comment recently about the use of the stevia plant as a natural sweetener to replace sugar in beverages and from their website artices some interesting products from Treatt to go alongside. Warm feeling about this remains, but always dyor.
partridge
- 24 Jun 2013 20:18
- 27 of 87
Still rising, despite general doom amd gloom on the market. Hopeful that IMS due next month will show the business capable of eps 40p in year to Sept 2013 - and better to come. If that proves to be the case, still not expensive imo, but always dyor.
dreamcatcher
- 02 Jul 2013 16:39
- 28 of 87
Treatt: Investec downgrades from buy to hold with a target price of 610p.
dreamcatcher
- 10 Jul 2013 21:17
- 29 of 87
dreamcatcher
- 10 Jul 2013 21:21
- 30 of 87
Sale of Interest in Treatt plc
RNS
RNS Number : 0450J
The Bovill Family
10 July 2013
10 July 2013
Sale of Interest in Treatt plc
As announced on 19 March 2013, the Bovill Family has been exploring ways in which to realise the intrinsic value of their shareholding in Treatt plc ("Treatt" or the "Company"). The Bovill Family announces today that, with assistance from its financial adviser Grant Thornton UK LLP and in collaboration with the Company and its financial adviser Investec Bank plc, the Bovill Family has successfully disposed of 2,950,992 Treatt shares at a price of £5.20 per Treatt share.
As also announced on 19 March 2013, the Bovill Family has been co-operating with Bjornstad and Jendal A/S in relation to the sale of their collective interests in Treatt shares. The Bovill Family are aware that Bjornstad and Jendal A/S has also disposed of its entire shareholding in Treatt today.
The Bovill Family believe that their stewardship of the business has built a strong foundation for Treatt and positioned it well for the next stage of its development.
partridge
- 11 Jul 2013 08:35
- 31 of 87
Thanks dc. Personally, I am pleased that this stake has nor been acquired as prelude to opportunistic bid and see drop in price as buying opportunity, but always dyor.
dreamcatcher
- 12 Jul 2013 19:32
- 32 of 87
Director Deals - Treatt PLC (TET)
BFN
Richard Hope, Financial Director, bought 10,552 shares in the company on the 11th July 2013 at a price of 575.00p. The Director now holds 26,372 shares.
Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com
partridge
- 15 Jul 2013 12:30
- 33 of 87
Reassuring that the FD seems to agree! Price seems to have recovered all last week's drop.
dreamcatcher
- 17 Jul 2013 21:59
- 34 of 87
Dated last Friday, may be of interest for those invested in Treatt
Treatt FD treats himself to large helping of shares
Fri, 12 July 2013
Date: 16:58
Richard Hope, Group Finance Director of flavour and fragrance specialist Treatt, has forked out almost £61,000 on shares in the company as it looks to begin a new chapter.
On Thursday Hope purchased 10,552 shares at a price of 575p per share, increasing his stake by two thirds to 0.25%, not long after it touched an all-time high.
Changes are afoot at FTSE Fledgling-listed Treatt, with new Chief Executive Officer Daemmon Reeve at the helm for just over a year now, and the Bovill family having just sold almost all their 29% stake.
On Wednesday, the Bovills, which have been associated with the company since 1924, and fellow shareholders Bjornstad & Jendal, a Norwegian ingredients company, placed their combined third of the company’s shares with institutional investors at a price of 520p per share.
Giles Bovill, sales director at the company, has retained a small stake of 21,999 shares.
Chairman Tim Jones said: "The board is delighted that this matter is resolved and the company can concentrate on delivering the benefits of its new strategy."
New broom Reeve has put in place a new focus on customers and products that offer long term sustainable profit growth, together with investment in research and development, and resources to support growth.
According to a recent analyst note from Investec - issued after an encouraging trading update from the firm - many investors in the consumer space will not have come across Treatt, as it is classified by the FTSE in chemicals sector.
“The new strategy has been successfully employed in Treatt’s US operation, where returns have responded favourably in recent years”, says analyst Nicola Mallard.
“Pushing this across the broader group has brought some early wins and resulted in the board’s confidence on the 2-3 year outlook.
Mallard has predicted “steady top line growth, stable margins and good overhead control”.
Shares in the company have been as low as 305p in the last 12 months but today closed 3.52% higher at 588.5p
dreamcatcher
- 01 Aug 2013 07:17
- 35 of 87
Interim Management Statement
RNS
RNS Number : 6133K
Treatt PLC
01 August 2013
1 August 2013
TREATT PLC
Q3 Interim Management Statement 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 its Q3 Interim Management Statement. This statement relates to the period from 1 April 2013 to 31 July 2013.
Following the trading update published on 28 May 2013, the Board is pleased to confirm that trading in Q3 was strong, with sales up 14% compared to the same quarter last year and, as expected, Group sales for May 2013 reached an all-time high.
Order books for the remainder of the financial year remain healthy, with the total Group order book being 11% up on a year ago. The Board therefore remains confident that the Group is on course to meet its expectations for the year ending 30 September 2013.
Strategically, the Group continues to benefit from transitioning its focus towards delivering value-added ingredient solutions for the beverage and consumer goods markets with the greatest opportunities for growth coming from multi-national consumer goods companies. This, coupled with a heavy emphasis on cost control, is putting the business in very good shape as it looks ahead to FY14.
Treatt Plc's results for the year ending 30 September 2013 will be announced on 9 December 2013.
dreamcatcher
- 01 Aug 2013 17:14
- 36 of 87
1 Aug Investec 640.00 Hold
dreamcatcher
- 07 Sep 2013 21:54
- 37 of 87
Ex dividend Wed 11 Sept 5.5p
dreamcatcher
- 09 Dec 2013 16:50
- 38 of 87
Final Results
RNS
RNS Number : 9742U
Treatt PLC
09 December 2013
9 December 2013
TREATT PLC
FINAL RESULTS
FOR THE YEAR ENDED 30 SEPTEMBER 2013
Treatt plc (the 'Group'), the manufacturer and supplier of conventional, organic and fair trade ingredients for the flavour, fragrance and consumer goods industries, announces today its results for the year ended 30 September 2013.
HIGHLIGHTS for the year:
· Group revenue steady at £74.1 million (2012: £74.0 million)
· Group operating profit increased by 23% to £6.9 million (2012: £5.6 million)
· Adjusted EBITDA* up 20% to £8.3 million (2012: £6.9 million)
· Adjusted profit before tax* increased by 23% to £6.2 million (2012: £5.1 million)
· Dividend increased 19% to 18.5p per share (2012: 15.5p)
· Adjusted basic earnings per share* up 26% to 43.2p (2012: 34.4p)
· Net assets per share increased to £2.62 (2012: £2.48)
Commenting on the results, Group CEO Daemmon Reeve said:
"These figures show clear improvements in Treatt's performance as a result of the new strategy of focusing on core markets and value-added products. Early signs for the current year are encouraging but there remains a lot to do; driving growth, bearing down on costs and creating efficiencies across the business."
* excluding exceptional items - see note 4
dreamcatcher
- 09 Dec 2013 16:51
- 39 of 87
9 Dec Investec 685.00 Buy
dreamcatcher
- 09 Dec 2013 17:26
- 40 of 87
Edison - Valuation: An attractive investment opportunity
At 12.4x calendarised 2015 P/E, Treatt is at a c 19% discount to its peer group of ingredients companies, and a two-year EPS CAGR (FY13-15e) of 7.8%. There is scope for upgrades if the benefits of the strategies for both top-line growth and margin come to fruition, driven by higher value added contract wins, continued operational savings and synergies from operating from one cross-functional global platform. As a result, we believe that Treatt’s current share price is undemanding and reflects an attractive investment opportunity.
dreamcatcher
- 13 Dec 2013 16:10
- 41 of 87
Climbing -
partridge
- 19 May 2014 15:08
- 42 of 87
No need for panic - five for one share split takes effect today. Seems to have encouraged some buyers ahead of half year results to end of March due soon.
dreamcatcher
- 20 May 2014 07:24
- 43 of 87
Half Year Results
RNS
RNS Number : 5183H
Treatt PLC
20 May 2014
TREATT PLC
HALF YEAR RESULTS ANNOUNCEMENT
SIX MONTHS ENDED 31 MARCH 2014
Adjusted earnings per share increased by 37% as the Group continues to make progress towards long-term objectives
Treatt PLC, the manufacturer and supplier of ingredient solutions for the flavour, fragrance and consumer goods industries announces today its half year results for the six months ended 31 March 2014.
HIGHLIGHTS of our half year:
· Revenues for the six months up 11% to £37.1 million (H1 2013: £33.6 million)
· Adjusted EBITDA1 up 27% to £3.8m (H1 2013: £3.0m)
· Adjusted profit before tax1 rose by 39% to £2.8m (H1 2013: £2.0m)
· Adjusted basic earnings per share1 increased by 37% to 3.87p (H1 2013 restated2: 2.82p)
· Interim dividend raised by 13% to 1.24p (2013 interim dividend restated2: 1.10p)
Commenting on the results, Group CEO Daemmon Reeve said:
"We continue to focus our efforts on long term success. Our strategy is gaining good traction and, coupled with the effort and focus of our teams across the globe, the results are both translating into profits today and laying the groundwork for opportunities tomorrow."
1 excluding exceptional items - see note 6
2 restated following five for one sub-division of share capital - see note 9
skinny
- 20 May 2014 07:27
- 44 of 87
I hope the charts above are wrong!
partridge
- 20 May 2014 08:27
- 45 of 87
5 for 1 split Skinny. It would be nice if one of the clever chaps on these boards could change the charts. This company has really lived up to its name last few years and is still quite small, with lots of potential imo, but always dyor.