Half Year 2025 Treatt PLC Earnings Call Transcript
Thanks for joining us this morning for our half-year results. Great to be here. Usual format, I'll summarize H1, and then Ryan will take you through the financial results in more detail. Then I'll come back up and update on the key performance drivers we discussed in December and how those are progressing. In summary, the first half of this year has been challenging with both revenue and profit declining. As announced on April 10, this was driven by two main headwinds, lower citrus sales as a result of sustained high prices affecting buying patterns, as well as slower US consumer demand affecting our Premium sales.
On a more positive note, we're very pleased with the strong cash generation, leading us to be in a net cash position at the half. And we announced a share buyback scheme, which is progressing. I'm very pleased with the strategic progress made in H1, and I'll talk you through that later for you to really see and feel our strategy in action. We're still confident with H2 being in line with expectations, and through the
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