Tate & Lyle (TATE)

Sector:

Food

Index:

FTSE 250

639.00p
   
  • Change Today:
      2.50p
  • 52 Week High: 831.50
  • 52 Week Low: 591.00
  • Currency: UK Pounds
  • Shares Issued: 401.69m
  • Volume: 157,180
  • Market Cap: £2,566.83m
  • 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.

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6 Month Chart

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Financials

Latest F'cast
Div Yield 2.9% 0.0%
Div Cover 2.7 2.8
Op Mrgn 11.2% 15.2%
ROCE 12.4%  
Latest F'cast
P/E 12.9 11.9
PEG 0.1 1.4
Pr/Revenue 1.5 1.5
Pr/Book 2.1  
Latest F'cast
Revenue 27.3% -3.8%
PBT 261.9% 68.0%
EPS 98.0% 8.7%
DPS -15.1% 5.1%

Tate & Lyle Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-19 2,755.00 240.00 52.80p 13.8 2.8 +5% 29.40p 4.0%
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 49.30p 15.9 0.2 +98% 18.50p 2.4%

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-24 1,684.17 255.42 53.58p 11.9 1.4 +9% 19.44p 0.0%
31-Mar-25 1,649.05 274.67 57.83p 11.0 1.4 +8% 20.67p 0.0%
31-Mar-26 1,720.12 296.09 62.58p 10.2 1.2 +8% 21.74p 0.0%

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Tate & Lyle Company Announcements

Holding(s) in Company 19-Apr-2024 10:15 RNS
Holding(s) in Company 17-Apr-2024 16:15 RNS
Holding(s) in Company 17-Apr-2024 10:30 RNS

Tate & Lyle ShareCast News

UK regulator warns T&L Sugars/Tereos deal could ... 08-Mar-2024 ShareCast
Berenberg lowers target price on Tate & Lyle 26-Feb-2024 ShareCast
Tate & Lyle revenues dip amid softer demand 21-Feb-2024 ShareCast

Tate & Lyle Top Newspaper Links

Tate and Lyle shares turn sour on sweetener woes 24-Sep-2014 Guardian
MARKET REPORT: Tate & Lyle hit by Mexican stand-... 29-Aug-2014 Express & Star
Tate & Lyle forced to post slight dip in profits... 27-May-2014 Daily Mail

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 639.00p
Change Today 2.50p
% Change 0.39 %
52 Week High 831.50
52 Week Low 591.00
Volume 157,180
Shares Issued 401.69m
Market Cap £2,566.83m
RiskGrade 93

Tate & Lyle Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.68% below the market average51.68% below the market average51.68% below the market average51.68% below the market average51.68% below the market average
46.15% below the sector average46.15% below the sector average46.15% below the sector average46.15% below the sector average46.15% below the sector average
Price Trend
27.45% below the market average27.45% below the market average27.45% below the market average27.45% below the market average27.45% below the market average
46.15% below the sector average46.15% below the sector average46.15% below the sector average46.15% below the sector average46.15% below the sector average
Income Not Available
Growth
66.95% above the market average66.95% above the market average66.95% above the market average66.95% above the market average66.95% above the market average
92.31% above the sector average92.31% above the sector average92.31% above the sector average92.31% above the sector average92.31% 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
  Interim Final
Ex-Div 23-Nov-23 22-Jun-23
Paid 05-Jan-24 02-Aug-23
Amount 6.20p 13.10p

Trades for 19-Apr-2024

Time Volume / Share Price
12:03 392 @ 639.00p
12:03 392 @ 639.00p
12:03 465 @ 639.10p
11:58 141 @ 639.50p
11:55 3 @ 640.00p

Tate & Lyle Key Personnel

CEO Nick Hampton
CFO Dawn Allen
Chair David Hearn

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