BUZZ-Tate & Lyle: Accelerating pace of change

** British ingredients supplier Tate & Lyle (LSE: TATE.L - news) 's shares up c6 pct and set for best day since August 2015

** Co reports FY PBT rise of 23 pct to £286 mln, boosted by gains in all businesses and lower costs

** It plans to step up growth through 3 programmes which will include $100 mln in productivity savings over 4 yrs and accelerated portfolio development including M&A

** As Tate expects EPS growth to accelerate beyond FY 2019 (EPS growth for FY 2019 seen by co at the lower end of mid-single digit range in constant currency), Liberum analysts expect consensus upgrades

** "We welcome the evolution but the devil will be in the detail," Jefferies says

** The co's new CEO to elaborate more on the new priorities at today's investors and analysts meeting at 0800 GMT

** The stock is top riser on FTSE 350 Food Producers index and 2nd from top on Stoxx 600