Treatt Plc · LSE:TET
Treatt — H1 2014 Earnings Presentation
11 slides from Treatt's earnings presentation, May 2014
Slide 1: Interim Results 6 Months ended 31 March 2014
Interim Results 6 Months ended 31 March 2014 Daemmon Reeve Group CEO Richard Hope Group Finance Director A world of difference in the world of ingredient solutions, we’re at the core of product innovation
Slide 2: Contents
Contents Half Year Review - Financial Summary What’s different about Treatt Group Strategy Innovation Profits Dividends Prospects 2
Slide 3: Half Year Review: Summary – Six months to 31 March 2014
Half Year Review Summary – Six months to 31 March 2014 39% 38% 11% 13% £2.8m 3.88p £37.1m 1.24p Profit Before Tax Earnings per share Revenue Interim dividend Building foundations for long term growth 3
Slide 4: 2014 Half Year Review
2014 Half Year Review Six months to 31 March 2014 2014 2013 Revenue £37.1m £33.6m EBITDA* £3.8m £3.0m Profit before tax * £2.8m £2.0m Earnings per share * 3.88p 2.82p Dividends per share 1.24p 1.10p Net Assets per share 53.8p 50.0p * Excluding exceptional items 4
Slide 5: 2014 Half Year Review: Summary Balance Sheet
2014 Half Year Review Summary Balance Sheet All figures £m 31 March 30 Sept 2014 2013 Goodwill £1.1m £1.1m Fixed Assets £11.9m £12.4m Inventories £27.1m £23.7m Debtors £16.2m £13.2m Creditors (£13m) (£11.3m) Working Capital £30.3m £25.6m Taxation (£1.5m) (£1.2m) Net Debt (£11.4m) (£8.3m) Other net l
Slide 6: What’s different about Treatt
What’s different about Treatt Experts in our field Focus on natural ingredients Founded on ingredient sourcing and risk management Tailored ingredient solutions - taking this expertise up the value chain for customer benefit Customer education 6
Slide 7: Group Strategy
Group Strategy Focussed sales Global Sales Structure approach Product Rationalisation Market-driven new product development Concentrated product range QC QA Increasing Employee Engagement group margin Centralised Group Excellent Cost control quality and service Functions Well motivated a
Slide 8: Innovation
Innovation Craft Beers Health Driven Beverages 8
Slide 9: Interim/Final Profit Before Tax
Interim/Final Profit Before Tax 2006-2014 £7,000k £6,000k £5,000k £4,000k £3,000k £2,000k £1,000k £k Sep-06 Sep-07 Sep-08 Sep-09 Sep-10 Sep-11 Sep-12 Sep-13 Sep-14 MONTHS 1H 2H 9
Slide 10: Interim / Final Dividends
Interim / Final Dividends 2006-2014 4p 3p 2p 1p p Sep-06 Sep-07 Sep-08 Sep-09 Sep-10 Sep-11 Sep-12 Sep-13 Sep-14 MONTHS 1H 2H 10 * Based upon sub-divided share capital
Slide 11: Prospects for H2
Prospects for H2 Strategy gaining momentum Group order books up Full year cost control benefits New beverage business wins Added-value margin improvement 11