Treatt (LON:TET) Full Year 2022 Results
Key Financial Results
Revenue: UK£140.2m (up 13% from FY 2021).
Net income: UK£13.3m (down 12% from FY 2021).
Profit margin: 9.5% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Treatt Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Chemicals industry in the United Kingdom.
Performance of the British Chemicals industry.
The company's share price is broadly unchanged from a week ago.
Before you take the next step you should know about the 1 warning sign for Treatt that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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