Treatt plc (TET.L) reported that its profit after tax for the financial year ended 30 September 2024 was 14.40 million pounds, an increase of 31.6% from the prior year. Earnings per share were 23.48 pence up from 17.91 pence in the prior year.
Profit before tax and exceptional items from continuing operations grew by 10.1% to 19.1 million pounds from the prior year.
Annual adjusted earnings per share rose to 24.34 pence from 22.81 pence in the prior year.
Revenue for the year increased by 3.8% to 153.1 million pounds from the prior year, while it was up 5.7% in constant currency. Growth accelerated in the second half, with 13% revenue year on year growth, driven by favorable sales in citrus and China.
The Board has proposed a final dividend of 5.81 pence, up from 5.46 pence the previous year. If approved by shareholders, this will result in a total dividend for the year of 8.41 pence, compared to 8.01 pence last year.
The company is optimistic about the prospects for its business.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.