UPDATE TIPS FOR SHARING MIDAS: Wasn't our tip properly cleaned? Part of the Scent Society Treatt ...

Treatt has several properties in common with FW Thorpe .

Both are named after their founder and can trace their roots for decades. Both have evolved significantly from the start and have maintained a reputation for superior products and services. And both have a strong culture that focuses on employee satisfaction.

These functions have helped both companies well and should continue to do so in these difficult times.

Liquid Active Ingredients: Treatt produces natural ingredients and flavors that are used in many products, including beverages, foods, and soaps.

Treatt went public in 1989 and has not been without dividends since then. This enviable story should continue despite the uncertainty caused by Covid-19.

Treatt produces natural ingredients and flavors that are used in many products, such as beer and spirits, tonics and flavored water, tea and coffee, potato chips and other salty snacks. They are also used in soaps, hand cleaners and general cleaning products.

With much of the country blocked, consumer habits are rapidly changing. People drink more often, nibble more, wash more and clean their house more often.

These trends are confirmed by the results of Treatt. Last week, CEO Daemmon Reeve made an optimistic business statement for the six-month period ending March 31, saying the orders were strong, especially for ingredients used in liquid hand soaps, floor cleaning products, and alcoholic and soft drinks.

The group took the first steps to administer Covid-19. No employee has been fired and the business continues as long as government guidelines are followed.

Reeve took the lead eight years ago, when Treatt was largely a trading company that bought and sold extracts and natural ingredients. Since then, the group has become an important supplier to many multinational companies, helping them to produce popular products such as iced tea, premium tonics and spirits.

Treatt is headquartered in Bury St. Edmunds, Suffolk, and is moving to a new, state-of-the-art facility this year. The corona virus has blocked construction and the move is more likely than next year, but this will allow the group to keep the money in the coming months.

Now in the United States. Treatt is pulling all cylinders in the U.S. after doubling its capacity in fast-growing areas like health, wellness, and exotic teas.

Before the Covid 19 pandemic started, brokers expected strong results this year, supported by a 4.5% dividend increase to 5.75p to reach 6.1p in 2021.

Payment cannot be guaranteed in today's environment, but Treatt appears to be in a better position to deal with so many colleagues and his background offers additional insurance.

Almost all employees are also involved in the company, which is why they are deeply committed to the continued success of the company.

Midas verdict: Midas recommended Treatt in June 2014 when the stock was £ 1.59 and Reeve was just starting to raise its profile in the company . Treatt stock closed at £ 4.96 last week, one of the few stocks to have risen this year. There is room for optimism for the future. Reeves strategy pays off, ingredients for Treatt are in demand and the company is financially secure. Strong control for existing shareholders and attractive approval also for new investors.

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