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Treatt Full-Year 06 Results

Posted: December 15, 2006

Treatt PLC (Bury St. Edmunds, England) has announced a rise in group revenue of 8.9%, reaching 35.4 million pounds (2005: 32.5 million pounds). Profit fell 3.5% to 3.3 million pounds in part due to the absence of last year's one-off stock profits. Of the results, chairman Edward Dawnay said, "R.C. Treatt, the Group's UK operating company continued to perform well and has gained significant benefits from the implementation and development of the Group's Enterprise Resource Planning (ERP) system, with sales of aromatic chemicals having risen by 15%. Treatt USA experienced a difficult year but also saw some sales growth. The outlook for 2007 is one of continuing revenue growth but we expect margins to remain under pressure." Other highlights: 

  • Over the past two years, RC Treatt's profit before tax has jumped 64% 
  • Aroma and specialty chemical sales have increased 15% 
  • Orange oil profits have fallen on tightening margins 
  • Treatt USA results were negatively impacted by falling grapefruit oil profits 
  • Boosted by the establishment earlier this year of Treatt China, Chinese sales rose 18%