UK: Corn costs dampen margins and hit Tate & Lyle shares

By: Dean Best | 1 February 2011

Shares in UK food ingredients group Tate & Lyle fell today (1 February) after the company said rising corn costs had weighed on margins and would hold back further reductions to the group's debt.

just-food articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

Shares in UK food ingredients group Tate & Lyle fell today (1 February) after the company said rising corn costs had weighed on margins and would hold back further reductions to the group's debt.

  • Unlimited access to all the latest global food news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-food market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-food:

More articles related to this one

UK: Tate & Lyle reports "encouraging" Q1
UK-based sugar processor Tate & Lyle said today (28 July) that it has made an "encouraging" start to its financial year, reporting a "strong operational performance" for its first quarter.

Best bits: Business victims as E. coli mistakes rock consumers
So, now it appears that bean sprouts are the cause behind the E. coli outbreak that has rocked Europe's produce sector and killed - at the latest count - 22 people.

Editor's choice: the highlights on just-food this week
There was, in truth, one story that dominated the headlines in the food industry this week, with the e.coli scare in Europe. Wal-Mart Stores' success in securing approval for its acquisition of 51% of South African retailer Massmart was also notable. Coincidentally, the latest just-food interview also focused on South Africa, as we spoke to the head of Kraft Foods' operations in the country and the wider southern Africa region. And, the last few days, has seen the publication of the latest just-food briefing, which focuses on the divisive issue of GM.

Market research related to this article

Key Players in the Global Additives Industry
Consolidation continues to feature strongly within the global additives industry, a trend which has been accentuated by the pressures caused by the worldwide economic downturn. Many western-based operators have also had to contend with the growing th...

The Top 10 Food and Drinks Ingredients Companies: Emerging R&D strategies, geographic expansion, portfolio alignment and SWOT analyses
This report profiles the major players in the global food and drinks ingredients industry and the issues affecting their performance....

Global Sweetener Industry: Focus on High Intensity Sweetener (HIS) Market
A series of factors have added to the growth of high intensity sweeteners (HIS) over the past few years, with the major of them being the rising health concerns and increasing demand of these sweeteners in the food and beverage industry worldwide. As...

Welcome to the home of food information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page