Interim Management Statement

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.

For further information please contact:

Daemmon Reeve

Chief Executive Officer

Richard Hope

Group Finance Director

01284 702500

 

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