More of the same from Tate and Lyle
Sweeteners giant Tate and Lyle said trading in the final quarter of its financial year has been in line with expectations, consolidating a good performance for the year.
Sweeteners giant Tate and Lyle said trading in the final quarter of its financial year has been in line with expectations, consolidating a good performance for the year.
In Speciality Food Ingredients, Tate & Lyle (T&L) has achieved good sales value growth with volume growth across all major product categories.
Within Bulk Ingredients, sweetener volumes have remained strong with isoglucose margins improving in Europe during the second half on the back of higher sugar prices. During the year T&L also benefited from firmer industrial starch margins in Europe despite market conditions having started to soften recently against the backdrop of a more challenging macro-economic environment.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
After an exceptionally strong first half, income from co-products has reverted to more normal levels during the second half, the company said.
JH
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Rightmove: UK asking prices hit record high but Britain enters buyer’s market
Higher property taxes are stifling the typically-busy spring selling season and buyers are benefiting from more choice, meaning sellers must price their homes more competitively
-
Inheritance tax reforms: government urged to rethink curbs on rural reliefs
MPs want the government to delay changes to inheritance rax reliefs for farmers