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Tate & Lyle Full year results for the year ended 31 March 2022.

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idpickering
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Tate & Lyle Full year results for the year ended 31 March 2022.

#505979

Postby idpickering » June 9th, 2022, 7:17 am

HEADLINES

· Continuing operations (new Tate & Lyle) delivered +18% revenue and +14% profit1 growth

· Significant acceleration in innovation with +35% New Product revenue growth

· Effective management of cost inflation through pricing, productivity and cost discipline

· Major strategic divestment re-positions Tate & Lyle as growth-focused food & beverage solutions business

· Acquisition of leading dietary fibre business in China significantly strengthens fortification platform

· Double-digit reduction in GHG emissions in last two years2 and new carbon net zero commitment by 2050

· Strong balance sheet enables investment for growth and payment of £500m special dividend in May 2022

And later;

The Directors propose a final dividend for the financial year of 12.8p per ordinary share that, subject to approval by shareholders, will be paid on 5 August 2022 to shareholders who are on the Register of Members on 1 July 2022.


https://www.investegate.co.uk/tate---38 ... 00042398O/


Also posted on Company News here; viewtopic.php?p=505978#p505978

Ian.

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