UK: Tate & Lyle reports lower H1 profits
UK sugar and sweetener group Tate & Lyle has posted a 6% slide in half-year profits and said that second-half results will depend on its plan to push through price rises for its starches and sweeteners. Tate & Lyle posted underlying pre-tax profits of £119m (US$199m) for the six months to 30 September, in line with forecasts ranging from £117m to £120m.
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