Treatt Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Treatt (LON:TET) Full Year 2024 Results

Key Financial Results

• Revenue: UK£153.1m (up 3.8% from FY 2023).
• Net income: UK£14.4m (up 32% from FY 2023).
• Profit margin: 9.4% (up from 7.4% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: UK£0.24 (up from UK£0.18 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Treatt EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 1.5%.

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.5% decline forecast for the Chemicals industry in the United Kingdom.

Performance of the British Chemicals industry.

The company's shares are up 19% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Treatt's balance sheet.

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