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Tate & Lyle plc (TATYY)

Other OTC - Other OTC Delayed price. Currency in USD
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30.930.00 (0.00%)
At close: 09:30AM EDT
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Trade prices are not sourced from all markets
Previous close30.93
Open30.93
Bid0.00 x 0
Ask0.00 x 0
Day's range30.93 - 30.93
52-week range29.92 - 42.85
Volume68
Avg. volume638
Market cap3.128B
Beta (5Y monthly)0.49
PE ratio (TTM)14.52
EPS (TTM)2.13
Earnings dateN/A
Forward dividend & yield0.98 (3.17%)
Ex-dividend date22 Nov 2023
1y target estN/A
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  • Reuters

    UPDATE 2-Sweetener maker Tate & Lyle warns of lower annual revenue on softer demand

    British food ingredients maker Tate & Lyle on Wednesday forecast its annual revenue would fall "slightly" from the previous year, pointing to softer demand and persistent de-stocking by customers. "In Food & Beverage Solutions, volume and revenue were lower ... due to a combination of softer consumer demand and customer de-stocking ... and some customers phasing orders into the fourth quarter when new calendar year contracts, which included the pass-through of input cost deflation, came into effect," CEO Nick Hampton said in a statement. A rush to stock up on ingredients during the pandemic and higher prices due to inflation had helped lift revenue for many companies but volumes have fallen over the past year as customers use up stock.