Brief: Tate & Lyle Sees Modest Revenue Growth In FY 2027, Weighted To H2
21/05/2026 07:12
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 ((Reuters.Briefs@thomsonreuters.com;))