)
Visual
test
Treatt
Treatt (TET) investor relations material
Treatt H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary20 Jan, 2026
Executive summary
Revenue for FY25 was £132.5 million, down 12% year-over-year, mainly due to high citrus raw material costs and softer consumer demand, especially in the U.S.
Gross margin declined to 25.9%, a drop of 3.4 percentage points year-over-year, reflecting raw material inflation and product mix.
Profit before tax and exceptionals was £10.3 million, with adjusted profit before tax down 44.4% and adjusted EPS at 13.40p.
Dividend of 5.60p per share declared, with £10.1 million returned to shareholders via dividend and share buyback.
Strategic progress included opening a Shanghai Commercial and Innovation Center, expanding sales in Europe and Asia, and a failed acquisition offer from Natara.
Financial highlights
Revenue declined by 11.8% to £132.5 million, primarily volume-driven.
Gross margin dropped by 340 basis points to 25.9%, mainly due to citrus pressures and premium mix.
Adjusted operating profit was £10.7 million, down 44.8%, and adjusted EBITDA was £16.2 million, down 33.7%.
Cost base reduced by over £1 million through self-help measures, while still investing in sales and innovation.
Total dividend per share was 5.60p, down from 8.41p.
Outlook and guidance
Targeting a return to revenue growth and net cash generation in FY26, driven by citrus volume recovery, China growth, and pipeline conversion.
Gross margin expected to be stable as citrus market conditions improve.
Focus on growing volume, cash contribution, normalized CapEx, and a return to net cash.
Industry headwinds expected to persist into FY26, but a strong pipeline and stable leadership support recovery.
Q1 performance in line with expectations; medium to long-term outlook remains confident.
Döhler relationship: How ensure independence?
New citrus products: Expected volume recovery?
Premium segment: Strategy to reverse sales decline?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 5 FebPSSA3
Net income up 28% and revenue up 12% in 2025, with robust growth across all business lines. - 5 FebPSMT
All proposals passed with strong support; no shareholder questions were received. - 5 FebVARROC
Q3 FY26 revenue up 10.2% YoY, EV sales surge, but legal and exceptional costs impact results. - 5 FebNYKAA
Record 28% GMV growth, margin expansion, and strong Beauty and Fashion segment results. - 5 FebDHT
Q4 2025 saw strong earnings, high spot rates, and major fleet and market developments. - 5 FebBERGEPAINT
Gross margin reached a 15-quarter high as volume growth outpaced value, but profit declined. - 5 FebPAHC
Net sales jumped 21% and profits surged, leading to a raised full-year outlook. - 5 FebHARSHA
Q3 FY26 revenue and profit grew strongly, with robust margins and China expansion planned. - 5 FebKLIC
Q1 2026 revenue up 20%, strong margins, robust Q2 outlook, and business transition ongoing. - 5 FebSOBI
Q4 and FY 2025 saw 16% revenue growth and strong margins, driven by strategic launches.
Next Treatt earnings date
H1 202612 May, 2026
Treatt
Next Treatt earnings date
H1 202612 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Treatt plc, together with its subsidiaries, manufactures and supplies various natural extracts and ingredients to the flavor, fragrance, beverage and consumer product industries in the United Kingdom, Germany, Ireland, China and Internationally. The company offers flavor ingredients such as citrus, coffee, tea, health and wellness and fruits and vegetables extracts; aroma natural high impact chemicals; herb spices floral ingredients. In addition the company provides fragrance ingredients such as blends and unique dilutions.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage