Treatt (TET) 2021 interim results presentation to analysts

Daemmon Reeve, CEO and Richard Hope, CFO outline H1 results where they have seen revenue up 13.5%, with gross profit margin up 880bps; very strong growth has been enjoyed from the ‘healthier living’ categories. Good trading momentum continues with encouraging order book levels and further growth opportunities. Profit before tax and exceptionals for the current year is expected to be at least £20m, exceeding the current consensus of £18m. Daemmon Reeve, CEO 00:16 – Introduction 01:26 – Growth Drivers 06:21 – ESG Richard Hope, CFO 08:00 – Financial Highlights Daemmon Reeve, CEO 14:38 – Case Study: Hard Seltzers 19:26 – Market Trends 21:48 – Partnership Model 23:10 – UK Site Relocation 26:24 – Current Trading & Outlook Daemmon Reeve, CEO Richard Hope, CFO 27:58 – Q&A Daemmon Reeve, CEO 56:01 – Closing Remarks Treatt PLC is a United Kingdom-based ingredients manufacturer and solutions provider to the flavor, fragrance and consumer goods markets. The Company’s geographical segments include United Kingdom, Rest of Europe, The Americas and Rest of the World. The Company’s products include Essential oils, Citrus, Treattarome, Functional ingredients, Chemicals, Organic essential oils, Vegetable oils and Treatt brew solutions. Its Essential oils include Amyris Oil, Angelica Oil and Aniseed Oil. Treattarome products include Pineapple Treattarome, Honey Treattarome and Cucumber Treattarome. Its Citrus products include citrus oils, CitrustT, TreattZest and Citrus add-back range. Its Functional ingredients include beverage specialties, fragrance ingredients and sugar reduction products. Its chemicals include aroma chemicals, natural chemicals and Treatt Flavour Wheel. Its Vegetable oils include Borage Oil and Baobab oil. Its organic essential oils include Organic Aniseed Oil and Organic Lime Oil.