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Tate & Lyle shares take A 400m hit after profit warning

2015-02-10 07:51:47| Food - Topix.net

Lower prices for Chinese sucralose led to a big drop in Tate & Lyle's profits - and the first of three profit warnings - a year ago Nearly A 400m was wiped from Tate & Lyle's stock value on Friday after it issued its third profit warning in a year. The company said it expected profits to be modestly below the A 230m-A 245m range it predicted in September - itself a downward revision of an earlier full year profit forecast of A 322m .

Tags: hit profit warning shares

 

Tate & Lyle issues profit warning

2015-02-06 10:47:18| BBC News | Business | UK Edition

Shares in Tate & Lyle slump after it issues its third profit warning in a year, hurt by weak trading at its sweeteners business.

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JK Sucralose: We agree with Tate & Lyle, the behavior of some...

2014-12-02 04:55:23| Food - Topix.net

JK Sucralose - which claims to be the largest sucralose manufacturer in China - has weighed into the debate over sucralose pricing raised by market leader Tate & Lyle. Speaking on Tate & Lyle's second quarter earnings call , CEO Javed Ahmed said he was struggling to see "how we or frankly anyone else can make any money" at some of the prices being quoted in the market, adding: " The current behavior in the market doesn't strike us as very economically rational."

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Tate & Lyle is scaling up its presence in MENA targeting the Arab nation's sweet tooth

2014-11-13 19:53:14| Food - Topix.net

Tate & Lyle is taking advantage of the Arab nation's penchant for sweet treats by scaling up its presence in MENA with its Splenda Sucralose. Paul Freeman, EMEA marketing manager, Tate & Lyle, told FoodProductionDaily.com sweeteners are seldom sold in the Middle East, as they are not widely used in the region, because traditionally Arab nations like sugar.

Tags: presence sweet arab nations

 

Tate & Lyle backs fibre to battle Asian bulge

2014-10-30 12:20:30| Food - Topix.net

Tate & Lyle used the recent Food Ingredients-Asia trade event in Jakarta as a springboard for its mounting ambitions in the country of 250 million people as well as other parts of Asia. Fibre and low-calorie sweeteners for weight control were a big part of its offer.

Tags: battle asian backs fibre

 

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