Tate & Lyle Update Looks Encouraging -- Market Talk

Dow Jones

2025/04/15

0817 GMT - Tate & Lyle update is reassuring, Goodbody analyst Patrick Higgins writes in a note. The provider of food-and-beverage ingredients expects to deliver results in line with expectations for fiscal 2025, with a better-than-expected margin recovery for its CP Kelco business. This is particularly encouraging given the recent share decline, Higgins says. However, "there is still clearly a degree of uncertainty on trading for the year ahead given the recent challenging pricing round, and the volatile global macro backdrop," he adds. Shares are up 2.3% at 515 pence. ( najat.kantouar@wsj.com)

(END) Dow Jones Newswires

April 15, 2025 04:17 ET (08:17 GMT)

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The provider of food-and-beverage ingredients expects to deliver results in line with expectations for fiscal 2025, with a better-than-expected margin recovery for its CP Kelco business. This is particularly encouraging given the recent share decline, Higgins says. However, \"there is still clearly a degree of uncertainty on trading for the year ahead given the recent challenging pricing round, and the volatile global macro backdrop,\" he adds. Shares are up 2.3% at 515 pence. 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The provider of food-and-beverage ingredients expects to deliver results in line with expectations for fiscal 2025, with a better-than-expected margin recovery for its CP Kelco business. This is particularly encouraging given the recent share decline, Higgins says. However, \"there is still clearly a degree of uncertainty on trading for the year ahead given the recent challenging pricing round, and the volatile global macro backdrop,\" he adds. Shares are up 2.3% at 515 pence. ( najat.kantouar@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 15, 2025 04:17 ET (08:17 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}