Tate + Lyle: Announces Q3-2023 Trading Statement

London / UK. (tl) Tate + Lyle PLC, a leading global provider of speciality food ingredients and solutions, issued the following trading statement for the three months ended 31 December 2022. Headlines:

  • Third quarter trading consistent with first half of the financial year
  • Food + Beverage Solutions top-line momentum continues with revenue up 19 percent
  • Positive outcome from the 2023 calendar year pricing round
  • Outlook for the year ending 31 March 2023 unchanged

Nick Hampton, Chief Executive: «Tate + Lyle continues to perform well with Food + Beverage Solutions delivering another strong quarter of double-digit revenue growth. We have successfully renewed 2023 calendar year customer contracts to recover higher input costs and, despite ongoing economic uncertainty, we continue to deliver against our strategy as a growth-focused speciality food and beverage solutions business.» For additional information please read the company’s PDF file below (142 KB):