UK: Tate & Lyle posts 18% rise in annual profit
UK sugar and sweetener group Tate & Lyle has posted an 18% rise in annual profit, beating forecasts. Headline pre-tax profits increased to £187m (US$306.2m) for the year to 31 March, while underlying profit before exceptional items and goodwill amortisation rose 43% to £228m, beating forecasts of £205-216m.
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