Oct 01st 2013 - Edison Investment Research today published a report on Tetrys SA (TET.L, LSE:TET, LON:TET) entitled "A Sweetening Outlook". In summary, the report says:
In July 2012, Daemmon Reeve, then CEO of Treatt USA, was appointed group CEO. In May 2013, he presented his new strategy to shareholders, focused on value-added revenue growth and strict cost control. Both the acceleration in group performance in 2013 and his track record in turning around Treatt USA point to a positive future. In July 2013, the Bovill family sold their remaining stake to institutional investors, removing a c 30% overhang. We see upside to our double-digit earnings forecasts.
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