Company
Tate & Lyle PLC
LON:TATE
Tate & Lyle PLC (Tate & Lyle) is engaged in the development, manufacture and marketing of food and industrial ingredients that have been made from renewable sources. The Company operates through four divisions: Food & Industrial Ingredients, Americas; Food & Industrial Ingredients, Europe; Sucralose and Sugars. Tate & Lyle has more than 50 production worldwide. The Company participates mainly in four markets: food and beverage; industrial; pharmaceutical and personal care, and animal feed. On June 15, 2007, the Company acquired 80% of G.C. Hahn & Co. (Hahn). Hahn provides customized ingredient solutions to global customers. On April 22, 2007, the Company disposed of its shareholding in Tate & Lyle Canada (Redpath). On December 28, 2007, the Company disposed of its 49% indirect shareholding in Grupo Industrial Azucarero de Occidente, S.A. de C.V. (Occidente). In July 2008, the Company announced the sale of its international sugar trading operations to Bunge Limited
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Tate & Lyle reports strong revenue growth at half-year
The company said it had made good progress delivering its growth strategy as a newly focused speciality food and beverage solutions business
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Tate & Lyle sees profits in line this year after 'strong top-line growth' from continuing operations in FY22
CEO Nick Hampton said the food and drinks ingredients company delivered double-digit growth in organic revenue and profit "despite significant inflation across the supply chain”
Tate & Lyle to buy Chinese dietary fibre business for US$237mln
The sugar manufacturer said the deal will strengthen its position in dietary fibres and help it expand in Asia
Tate & Lyle raises full-year expectations for continuing operations
Underlying profit from continuing operations is predicted to show growth in the low double-digit percentage range
Tate & Lyle reports strong first-half performance in continuing Food and Beverage business
The company expects full-year adjusted pre-tax profit growth in the high single-digit percentage range
Tate & Lyle splits as plant-based segments go private for £900mln
Shareholders will receive a special dividend of £500mln
Tate & Lyle mulls split as it emerges profitably from pandemic
The sweeteners business says it could sell a controlling stake in its 'primary products' division
Tate & Lyle confirms mulling sale of its Primary Products businesses
Tate & Lyle said discussions with the putative financial partner are still at an early stage and there is no guarantee that a sale will be agreed upon.
Tate & Lyle higher as predicts higher full year earnings after strong quarterly performance
The ingredients group said it expects its adjusted pre-tax profits for the full year to be “modestly ahead of the prior year” after a strong performance in the final quarter of 2020
Tate & Lyle acquires stevia group Sweet Green Fields
Tate & Lyle already has a 15% stake in SGF and has worked with the Washington-based business since 2017
Tate & Lyle encouraged by June’s improved demand
“We are encouraged by the improvement in demand we saw in June and the continued strategic progress we are making," said Nick Hampton.
Tate & Lyle holds final dividend, foregoes guidance for new year
In the year to 31 March, revenue rose 2% to £2.8bn for profit before tax up 4% to £331mln