Profit surge of 150 per cent for the organic ingredient supplier Treatt

TREATT, which supplies organic ingredients to the flavour and fragrance industries, has reported an increase in pre-tax profit for the first half of 2011, as revenues climbed 29 per cent on strong demand and higher raw material prices.

The company also lifted its interim dividend.

Treatt’s profit before tax for the six months to 31 March was £3.7m, compared with £1.49m a year ago.

Group revenue increased 29 per cent to £35.78m from £27.72m in the previous year.

Treatt said that the business had maintained the strong momentum that it showed towards the end of 2010, with demand growth across its product portfolio.