UK's Treatt rises on upbeat FY forecast

Treatt

10/10/2024 09:19

** Shares of food ingredients maker Treatt  TET.L  up 5.2%
at 449p
    ** Sees FY revenue up 5% at about 155.2 mln pounds ($203.08
million)
    ** Co says pleased with H2 sales momentum, with 16% sales
growth led by improvement in its Heritage segment and strong
China demand
    ** Expects annual profit before tax of about 18.8 mln
pounds, in-line with Board's expectations
    ** TET stock has fallen about 9% YTD


($1 = 0.7642 pounds)

 (Reporting by Yamini Kalia in Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com;))