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Treatt (LON:TET) Announces Earnings Results

Treatt logo with Basic Materials background

Treatt (LON:TET - Get Free Report) posted its earnings results on Tuesday. The company reported GBX 4.49 ($0.06) EPS for the quarter, Digital Look Earnings reports. Treatt had a return on equity of 8.09% and a net margin of 7.88%.

Treatt Trading Up 1.4%

TET traded up GBX 3.50 ($0.05) during trading on Friday, reaching GBX 257 ($3.41). The company had a trading volume of 1,128,094 shares, compared to its average volume of 258,994. The stock has a market cap of £155.39 million, a P/E ratio of 13.89 and a beta of 1.02. The business has a 50 day simple moving average of GBX 292.05 and a 200-day simple moving average of GBX 389.52. Treatt has a 52 week low of GBX 194.80 ($2.59) and a 52 week high of GBX 570 ($7.57). The company has a quick ratio of 0.87, a current ratio of 4.06 and a debt-to-equity ratio of 1.78.

Treatt Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 6th were given a dividend of GBX 5.81 ($0.08) per share. This is an increase from Treatt's previous dividend of $2.60. This represents a dividend yield of 1.26%. The ex-dividend date was Thursday, February 6th. Treatt's dividend payout ratio is currently 43.23%.

About Treatt

(Get Free Report)

We are a trusted ingredients manufacturer and solutions provider to the global flavour, fragrance and consumer goods markets from our bases in the UK, the US and China. We take pride in developing the ingredient solutions of the future and are supported by a global operational infrastructure that delivers results.

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