TREATT PLC
PRELIMINARY STATEMENT
FOR THE YEAR ENDED 30 SEPTEMBER 2005
Treatt PLC, the manufacturer and supplier of flavour and fragrance ingredients, primarily natural essential oils and natural extracts, announces today its preliminary results for the year ended 30 September 2005.
Summary
Profit before tax and exceptional items up 49.8% to £3.46 million (2004: £2.31 million)
EBITDA up 36.3% to £4.51m (2004: £3.31m)
Group turnover increased by 2.2% to £32.5 million (2004: £31.8 million)
Significant one-off stock gains on orange and grapefruit oil
Dividends increased 8% to 9.5p per share (2004: 8.8p)
Earnings per share before exceptional items increased 48% to 23.7p (2004: 16.0p)
Edward Dawnay, Chairman commented:
"The Group has again performed well over the last year with both the UK and US subsidiaries benefiting from significant one-off orange and grapefruit oil stock profits. The prospects for the coming year are good with Treatt USA expected to continue its growth and the Group expecting further benefits from its Enterprise Resource Planning system .”
Chairman's
Statement re preliminary results for the year ended 30-09-05.
Preliminary
results for the year ended 30-09-05, Summary Financials
Enquiries:
Treatt plc Tel: 01284 702 500
Hugo Bovill Managing Director
Richard Hope Finance Director (Mobile on 12 December 2005: 07881 508437)