Treatt has yet again reported a strong set of results. The strategy to improve the quality of earnings is coming through, as proven by these results: the move from commoditised sales to more value-added products has caused sales to be marginally down, and yet margins are up. We leave our forecasts unchanged as we believe the new strategy will continue to play out.
17 May 2016
New strategy playing out
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New strategy playing out
Treatt plc (TET:LON) | 468 -60.9 (-2.7%) | Mkt Cap: 286.8m
- Published:
17 May 2016 -
Author:
Sara Welford -
Pages:
4
Treatt has yet again reported a strong set of results. The strategy to improve the quality of earnings is coming through, as proven by these results: the move from commoditised sales to more value-added products has caused sales to be marginally down, and yet margins are up. We leave our forecasts unchanged as we believe the new strategy will continue to play out.