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Treatt plc ( (GB:TET) ) has provided an announcement.
Treatt has formalised its relationship with major shareholder Döhler Finance Management B.V., which holds about 28% of its share capital, through a customary relationship agreement designed to ensure arm’s-length dealings, adherence to UK Listing Rules and protection of confidential information, while granting Döhler the right to nominate one director as long as its stake remains above 25%. As part of this arrangement, Treatt has appointed Döhler nominee Helga Moelschl, an industry veteran with more than two decades of experience at IFF and Givaudan, to the board as a non-independent non-executive director, a move the company’s chair says is intended to balance the interests of all shareholders while strengthening the board’s commercial and sector expertise.
The most recent analyst rating on (GB:TET) stock is a Hold with a £277.00 price target. To see the full list of analyst forecasts on Treatt plc stock, see the GB:TET Stock Forecast page.
Spark’s Take on GB:TET Stock
According to Spark, TipRanks’ AI Analyst, GB:TET is a Neutral.
The overall stock score for Treatt plc is driven primarily by its strong financial performance, characterized by consistent revenue and profit growth, and a stable balance sheet. However, bearish technical indicators and slightly negative free cash flow growth weigh down the score. The valuation is favorable with a low P/E ratio and attractive dividend yield, providing some upside potential.
To see Spark’s full report on GB:TET stock, click here.
More about Treatt plc
Treatt plc is a global, independent manufacturer and supplier of a diverse and sustainable portfolio of natural extracts and ingredients serving the flavour, fragrance and multinational consumer products industries, with a particular focus on the beverage sector. Recognised for its technical expertise and market knowledge, the company operates manufacturing facilities in the UK and US, employs around 350 staff across Europe, North America and Asia, and delivers integrated ingredient solutions to food, beverage and fragrance customers worldwide.
Average Trading Volume: 223,644
Technical Sentiment Signal: Sell
Current Market Cap: £128.5M
See more insights into TET stock on TipRanks’ Stock Analysis page.