Treatt is a world-leading manufacturer and supplier of flavour, fragrance and cosmetic ingredients. Our diverse product portfolio is the result of over 125 years of technical expertise and experience in the global sourcing of flavour and fragrance raw materials. Through our cosmetics division, Earthoil, we also offer naturally-derived cosmetic ingredients, specialising in organic and fair trade, reflecting our commitment to ethical and sustainable practices.

http://www.treatt.com/

Final results


OPERATIONAL HIGHLIGHTS:
· 2022 strategic growth plan on track
· Won significant new business with global FMCG companies through our continued focus on the key growth drivers of citrus, tea and sugar reduction solutions
· Material advances made on our capital investment programme:
o US expansion project on time and on budget and expected to be completed in 2018 and fully operational in Spring 2019
o UK relocation at advanced stages of design optimisation and progressing well
· Successful disposal of non-core subsidiary, Earthoil Plantations, for enterprise value of £11.3m

Commenting on the results, CEO Daemmon Reeve said:
"I am delighted to report another year of strong growth for Treatt. Last year's performance set the bar high, so I am delighted to report that Treatt's teams from across the business have built upon that performance and secured further success in the year.
"The Group has had a steady start to the new financial year with a number of attractive opportunities in our pipeline of projects with both existing and new customers. We are well placed to capitalise on these opportunities with our capacity expansion in the US expected to complete in the coming weeks. Whilst still early in the financial year, the Group continues to perform in line with the Board's expectations for the full year."