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BRIEF-Tate and Lyle Q3 pretax profit in line
LONDON |
LONDON Feb 1 (Reuters) - Tate & Lyle PLC : * Group adjusted profit before tax for the third quarter was broadly in line
with our expectations * As expected, adjusted profit before tax was lower than the comparative period * Expect sucralose volumes for the full year to be slightly lower than last
year * Expect a further small increase in net corn costs in the final quarter * Estimate impact of aflatoxin will be to reduce operating profit by around £7
million for full year * Sweetener margins are expected to be lower as a result of higher corn costs * We expect to make modest progress this financial year
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