Tate & Lyle publishes 2026 annual report

  • Tate & Lyle published its Annual Report 2026, flagging a tougher demand backdrop that weighed on performance as the year progressed.
  • Integration of CP Kelco completed, expanding the portfolio and scientific capabilities, with cost synergies hitting a US$50 million annualized run-rate ahead of plan.
  • Management accelerated actions to restore revenue growth, including tighter customer segmentation, faster rollout of solutions platforms, and US$10 million invested in generative AI tools.
  • Outlook for the year ending March 31, 2027 points to modest revenue growth, weighted to the second half, with EBITDA broadly flat before a roughly US$20 million capacity consolidation impact.
  • Board disclosed a conditional proposal from Ingredion for a possible cash offer valuing shares at up to 615 pence, including permitted dividends.


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