Brief: Tate & Lyle Expects FY Rev & EBITDA To Decline By Low-Single Digit Percent Compared To Prior Year
01/10/2025 07:23
Oct 1 (Reuters) - Tate & Lyle PLC TATE.L: TATE & LYLE PLC - PRE-CLOSE STATEMENT TATE & LYLE: SLOWDOWN IN MARKET DEMAND IMPACTING NEAR-TERM FINANCIAL PERFORMANCE TATE & LYLE: EXPECT REVENUE IN FIRST HALF TO BE SLIGHTLY LOWER REFLECTING SOFTER CONSUMER DEMAND TATE & LYLE: EXPECT FY REVENUE AND EBITDA TO DECLINE BY LOW-SINGLE DIGIT PERCENT COMPARED TO PRIOR YEAR TATE & LYLE: ANTICIPATE NEAR-TERM MARKET DEMAND ENVIRONMENT WILL REMAIN CHALLENGING TATE & LYLE: IN ASIA PACIFIC, H1 REVENUE IS EXPECTED TO BE BROADLY IN LINE AFTER ABSORBING IMPACT OF TARIFFS TATE & LYLE: EXPECT GROUP REVENUE IN FIRST HALF TO BE 3% TO 4% LOWER TATE & LYLE: EBITDA IN FIRST HALF IS NOW EXPECTED TO BE HIGH-SINGLE DIGIT PERCENT LOWER Source text: ID:nRSA5033Ba Further company coverage: TATE.L ((Reuters.Briefs@thomsonreuters.com;))