Tate & Lyle (TATE)

Sector:

Food

Index:

FTSE 250

688.50p
   
  • Change Today:
      11.50p
  • 52 Week High: 716.00
  • 52 Week Low: 591.00
  • Currency: UK Pounds
  • Shares Issued: 385.36m
  • Volume: 1,188,558
  • Market Cap: £2,653.22m
  • RiskGrade: 93

Tate & Lyle Overview

Tate & Lyle produces an estimated 4m tonnes of cereal sweeteners and refines over 2m tonnes of sugar each year sold into around 35 countries. It is is a global leader in cereal sweeteners and starches, sugar refining, value added food and industrial ingredients and citric acid. It is world number one in industrial starches and wheat proteins and the sole manufacturer of sucralose sugar substitute, Splenda.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 2.8% 0.0%
Div Cover 2.9 2.7
Op Mrgn 12.6% 16.9%
ROCE 14.3%  
Latest F'cast
P/E 12.4 12.6
PEG 1.0 n/a
Pr/Revenue 1.6 1.7
Pr/Book 2.1  
Latest F'cast
Revenue -5.9% -4.9%
PBT 48.7% 17.1%
EPS 11.9% -1.5%
DPS 3.2% 6.1%

Tate & Lyle Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-20 2,882.00 296.00 52.80p 12.5 n/a n/a 29.60p 4.5%
31-Mar-21 1,211.00 90.00 25.40p 30.4 n/a -52% 30.80p 4.0%
31-Mar-22 1,375.00 42.00 24.90p 29.6 n/a -2% 21.80p 3.0%
31-Mar-23 1,751.00 152.00 49.60p 15.8 0.2 +99% 18.50p 2.4%
31-Mar-24 1,647.00 226.00 55.50p 11.1 0.9 +12% 19.10p 3.1%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Tate & Lyle Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-25 1,567.04 264.62 54.69p 12.6 n/a -2% 20.26p 0.0%
31-Mar-26 1,837.13 299.88 60.92p 11.3 1.0 +11% 21.59p 0.0%
31-Mar-27 1,945.28 325.23 67.09p 10.3 1.0 +10% 22.53p 0.0%

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Tate & Lyle Company Announcements

Transaction in Own Shares 07-Oct-2024 17:41 RNS
Transaction in Own Shares 04-Oct-2024 17:58 RNS
Transaction in Own Shares 03-Oct-2024 17:34 RNS

Latest Tate & Lyle Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Tate & Lyle Market Data

Currency UK Pounds
Share Price 688.50p
Change Today 11.50p
% Change 1.70 %
52 Week High 716.00
52 Week Low 591.00
Volume 1,188,558
Shares Issued 385.36m
Market Cap £2,653.22m
RiskGrade 93

Tate & Lyle Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
54.85% below the market average54.85% below the market average54.85% below the market average54.85% below the market average54.85% below the market average
70.37% below the sector average70.37% below the sector average70.37% below the sector average70.37% below the sector average70.37% below the sector average
Price Trend
21.91% above the market average21.91% above the market average21.91% above the market average21.91% above the market average21.91% above the market average
17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average
Income Not Available
Growth
64.10% above the market average64.10% above the market average64.10% above the market average64.10% above the market average64.10% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tate & Lyle Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Jun-24 23-Nov-23
Paid 02-Aug-24 05-Jan-24
Amount 12.90p 6.20p

Trades for 07-Oct-2024

Time Volume / Share Price
16:38 217 @ 688.50p
16:38 1,169 @ 688.50p
16:35 11,794 @ 688.50p
16:35 1,957 @ 688.50p
16:35 814,994 @ 688.50p

Tate & Lyle Key Personnel

CEO Nick Hampton
CFO Dawn Allen
Chair David Hearn

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