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Tate & Lyle PLC (TATE.L)

TATE.L on London Stock Exchange

683.50GBp
23 Nov 2017
Change (% chg)

-8.50 (-1.23%)
Prev Close
692.00
Open
688.50
Day's High
693.50
Day's Low
680.00
Volume
132,555
Avg. Vol
2,180,160
52-wk High
796.50
52-wk Low
622.00

Latest Key Developments (Source: Significant Developments)

Tate & Lyle says HY sales from continuing operations ‍1.39​ bln STG vs 1.32 bln STG year ago
Thursday, 2 Nov 2017 03:00am EDT 

Nov 2 (Reuters) - TATE & LYLE PLC :HY SALES FROM CONTINUING OPERATIONS ‍1 398​ MILLION STG VERSUS 1,321 MILLION STG YEAR AGO.HY PRETAX PROFIT FROM CONTINUING OPERATIONS ‍161​ MILLION STG VERSUS 128 MILLION STG YEAR AGO.INTERIM DIVIDEND PER SHARE ‍8.4P​.‍NET DEBT AT £371M, £81M LOWER THAN 31 MARCH 2017 WITH STRONGER ADJUSTED FREE CASH FLOW​.‍WE EXPECT UNDERLYING ADJUSTED PROFIT BEFORE TAX IN CONSTANT CURRENCY FOR FULL YEAR TO BE MODESTLY HIGHER THAN WE ANTICIPATED​.‍IN HY, £10M INCREASE IN SPECIALITY FOOD INGREDIENTS ADJUSTED OPERATING PROFIT TO £104M​.‍IN HY, £29M INCREASE IN BULK INGREDIENTS ADJUSTED OPERATING PROFIT TO £93M​.  Full Article

Tate & Lyle says made "encouraging" start to year, with Q1 profit up
Thursday, 27 Jul 2017 02:47am EDT 

July 27 (Reuters) - TATE & LYLE PLC :TATE & LYLE PLC - GROUP MADE AN ENCOURAGING START TO YEAR WITH PROFIT IN CONSTANT CURRENCY AHEAD OF COMPARATIVE PERIOD, AND VOLUME AHEAD IN BOTH DIVISIONS."CONTINUE TO EXPECT THAT GROUP WILL MAKE UNDERLYING PROGRESS IN FULL YEAR".TATE & LYLE PLC - IN CORE SPECIALITY FOOD INGREDIENTS, NORTH AMERICA, WHERE OVERALL FOOD AND BEVERAGE MARKET REMAINED SOFT, SAW MODEST VOLUME GROWTH.TATE & LYLE - IN CORE SPECIALITY FOOD INGREDIENTS IN Q3 ASIA PACIFIC AND LATIN AMERICA, AND EUROPE, MIDDLE EAST AND AFRICA DELIVERED STRONG VOLUME GROWTH.  Full Article

Tate & Lyle CEO: any margin hit from possible US/Mexico tariffs "manageable"
Thursday, 9 Feb 2017 03:20am EST 

Tate & Lyle Plc : Tate & Lyle CFO says forex tailwind still around 40 million pounds on bottom line for year . Tate & Lyle CFO says "modest" increase to performance means a few percentage points . Tate & Lyle CEO says too early to detail impact of possible changes to NAFTA on business .Tate & Lyle CEO says if tariffs were introduced, it could impact export margins, but impact likely manageable.  Full Article

Tate & Lyle to repurchase 2 mln shares of 25 pence each
Friday, 13 Jan 2017 04:43am EST 

Tate & Lyle Plc : Will today commence a share purchase programme over 2,000,000 of its ordinary shares of 25 pence each in capital of company .Programme will commence on 13 january 2017 and will end no later than expiry of authority obtained at company`s last AGM on 21 July 2016.  Full Article

Tate & Lyle Q1 profit ahead of last year
Thursday, 21 Jul 2016 02:00am EDT 

Tate & Lyle Plc : Q1 bulk ingredients performed strongly with profit well ahead of comparative period . Tate & Lyle Plc trading statement . Group made a strong start to year with profit ahead of comparative period in constant currency . Q1 speciality food ingredients performed solidly with profit for division overall ahead of comparative period . Q1 profit for Splenda sucralose was significantly higher than comparative period . If current exchange rates were to prevail for remainder of financial year, reported earnings would increase strongly .Net debt was lower than position at 31 March including currency translation effects of weaker sterling, group`s us dollar debt.  Full Article

Tate & Lyle says FY adjusted pretax profit up 5 pct
Thursday, 26 May 2016 02:19am EDT 

Tate & Lyle Plc : Reg-Tate & Lyle Plc final results . Group performed solidly with adjusted profit before tax up 5% (1% in constant currency), in line with expectations . Final dividend proposed at 19.8p, making an unchanged total dividend of 28.0p, as previously indicated . Fy adjusted diluted earnings per share up 2.5p (8%) at 34.5p . Return on capital employed down to 11.3% (90 bps) reflecting Eaststarch re-alignment and capital expenditure .Turning to outlook for 2017 financial year, subject to currency movements, we are confident group will continue to make progress in line with our plan and towards our 2020 ambition.  Full Article

Tate & Lyle PLC reaffirms FY 2016 outlook
Thursday, 11 Feb 2016 02:00am EST 

Tate & Lyle PLC:Says outlook for FY 2016 remains unchanged.  Full Article

UPDATE 1-UK Stocks-Factors to watch on Nov 2

Nov 2 Britain's FTSE 100 index is seen opening down 27 points on Thursday, according to financial bookmakers, with futures down 0.25 percent ahead of the cash market open.