Tate & Lyle (TATE)

Sector:

Food

Index:

FTSE 250

674.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 760.00
  • 52 Week Low: 591.00
  • Currency: UK Pounds
  • Shares Issued: 401.71m
  • Volume: 460,901
  • Market Cap: £2,707.52m
  • 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
Barclays logo

Digital Look Charts Sponsored by Barclays Stockbrokers

Financials

Latest F'cast
Div Yield 2.8% 0.0%
Div Cover 2.9 2.8
Op Mrgn 12.6% 16.5%
ROCE 16.1%  
Latest F'cast
P/E 12.1 11.9
PEG 1.0 n/a
Pr/Revenue 1.6 1.7
Pr/Book 2.2  
Latest F'cast
Revenue -5.9% -2.0%
PBT 48.7% 18.1%
EPS 11.9% -0.3%
DPS 3.2% 7.2%

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 1,614.70 266.82 56.45p 11.9 n/a -0% 20.48p 0.0%
31-Mar-26 1,675.55 287.61 61.60p 10.9 1.2 +9% 21.66p 0.0%
31-Mar-27 1,750.51 296.01 65.67p 10.3 1.6 +7% 22.44p 0.0%

Copyright © 2024 FactSet Research Systems Inc. All rights reserved.

Tate & Lyle Company Announcements

Annual Financial Report and Notice of AGM 04-Jun-2024 17:22 RNS
Director/PDMR Shareholding 04-Jun-2024 11:00 RNS
Total Voting Rights 03-Jun-2024 12:00 RNS

Tate & Lyle ShareCast News

Tate & Lyle reports solid year, completes Primie... 23-May-2024 ShareCast
Haleon nabs finance chief from Tate & Lyle as CF... 24-Apr-2024 ShareCast
UK regulator warns T&L Sugars/Tereos deal could ... 08-Mar-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

Traded Action Notifier PriceAmountValue
03-Jun-24 Transfer From Nick Hampton 0.000p 200,940 £0.00

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 674.00p
Change Today 0.50p
% Change 0.07 %
52 Week High 760.00
52 Week Low 591.00
Volume 460,901
Shares Issued 401.71m
Market Cap £2,707.52m
RiskGrade 93

Tate & Lyle Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
56.71% below the market average56.71% below the market average56.71% below the market average56.71% below the market average56.71% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Price Trend
9.52% below the market average9.52% below the market average9.52% below the market average9.52% below the market average9.52% below the market average
7.14% below the sector average7.14% below the sector average7.14% below the sector average7.14% below the sector average7.14% below the sector average
Income Not Available
Growth
56.00% above the market average56.00% above the market average56.00% above the market average56.00% above the market average56.00% 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 14-Jun-2024

Time Volume / Share Price
16:35 1,177 @ 674.00p
16:35 172 @ 674.00p
16:35 318,919 @ 674.00p
16:35 230 @ 674.00p
16:35 572 @ 674.00p

Tate & Lyle Key Personnel

CEO Nick Hampton
CFO Dawn Allen
Chair David Hearn

Top of Page