Ingredient manufacturer Treatt expects oncoming demand from China and sales from its premium unit to help offset a revenue slump through the first half of 2024. Revenue for the half year declined by 5.1 per cent to £72.1m, as previously forecast by the group, owing to a historical trend for quiet first quarters of the year. Sales grew 5.1 per cent through the second quarter of the year as de-stocking softened and the group said it posted its highest-ever monthly revenue in March. China proved a fruitful market for the company's portfolio of leading local beverage brands, growing 3.3 per cent through the first six months of the year.

(c) 2024 City A.M., source Newspaper