BRIEF-Tate & Lyle Sees Modest Revenue Growth In FY 2027, Weighted To H2

May 21 (Reuters) - Tate & Lyle PLC TATE.L:

  • TATE & LYLE FY REVENUE GBP 2,006 MILLION VERSUS. IBES ESTIMATE GBP 2,006 MILLION

  • TATE & LYLE FY ADJUSTED PRETAX PROFIT GBP 238 MILLION VERSUS. IBES ESTIMATE GBP 225.5 MILLION

  • TATE LYLE OUTLOOK FY 2027 MODEST REVENUE GROWTH, UNDERPINNED BY VOLUME GROWTH, WEIGHTED TO H2

  • TATE LYLE: OUTLOOK CURRENTLY ASSUMES A LIMITED IMPACT FROM THE CONFLICT IN THE MIDDLE EAST

  • TATE LYLE: TAKING ACTIONS TO MITIGATE COST INFLATION DUE TO CONFLICT IN MIDDLE EAST THROUGH RANGE OF INITIATIVES

  • TATE LYLE: "OVERALL, OUR FINANCIAL PERFORMANCE HAS BEEN DISAPPOINTING"

  • TATE LYLE OUTLOOK FY 2027 BROADLY FLAT EBITDA BEFORE C.$20 MILLION IMPACT OF RESCHEDULING OF CONSOLIDATION OF BIO-GUMS CAPACITY

  • TATE LYLE: "ACTING WITH URGENCY" TO RETURN BUSINESS TO TOP-LINE GROWTH, TARGETED ACTIONS SET OUT IN NOV PROGRESSING WELL

  • TATE & LYLE FY DIVIDEND GBP 0.198

Source text: ID:nRSU1658Fa

Further company coverage: TATE.L


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