LONDON (ShareCast) - - Solid Q2 trading
- Steady flow of new business wins
- On course to meet full-year targets

Flavour and fragrance specialist Treatt said solid trading in the first quarter had continued into the second and it expects to meet full-year targets.

The group, which makes ingredients for the flavour, fragrance and cosmetic industries from its factories in the UK, US and Kenya, said momentum had been building towards the seasonally strong part of the financial year.

Treatt which makes essential oils, specialties for beverage and lower calorie products, and organic oils, said it was pleased its emphasis on added-value ingredient solutions has resulted in a steady flow of new business wins.

While order books across the group continue to be ahead of last year not all of this growth will flow into the current financial year due to the long-term nature of some contracts, it explained.

Treatt confirmed that while it remains in the early part of the financial year, it is currently on course to meet its expectations for profit before tax for the financial year ending September 30th 2014.





CJ

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