Tate & Lyle plc

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UK: Tate & Lyle denies CEO search reports

20 Apr 2009

UK ingredients company Tate & Lyle has played down reports that it has begun a search for a new chief executive.

Top stories on just-food this week

9 Apr 2009

UK organic sales are experiencing their slowest rate of growth in recent years, it emerged this week. However, some of the big FMCG companies are still looking to promote their ethical credentials. Mars today (9 April) announced it is to spend millions of dollars a year certifying that the cocoa it uses is sustainably sourced by 2020.

US: Tate & Lyle infringement case upheld

7 Apr 2009

A US trade commission has upheld an initial ruling that found Chinese manufacturer Niutang did not infringe Tate & Lyle's patents for manufacturing the sweetener sucralose.

UK: Tate & Lyle lowers profit guidance

2 Apr 2009

Tate & Lyle today (2 April) warned that annual pre-tax profits would fall below the guidance the UK ingredients group gave in January.

UK: Tate & Lyle warns of flat FY profits

28 Jan 2009

UK ingredients company Tate & Lyle today (28 January) warned of flat full-year profits as the company’s ethanol business was hit by falling oil prices.

UK: Tate & Lyle dismisses supply contract concerns

6 Jan 2009

Tate & Lyle shares rose today (6 January) as the company played down reports that it has failed to push through adequate price rises in its latest round of supply negotiations.

UK: Tate & Lyle names finance director

4 Dec 2008

Tate & Lyle veteran Tim Lodge has been named as the UK ingredients group's finance director.

COMMENT: Downturn should not derail sustainability push

28 Nov 2008

As the economic downturn bites, the importance for food manufacturers investing in reducing their impact on the environment and embracing the sustainability agenda is, in some quarters, being called into question. The UK's Food and Drink Federation, however, believes such issues remain as vital as ever for the food industry. Callton Young, director of sustainability and competitiveness at the FDF, outlines why.

UK: Tate & Lyle appoints chairman-elect

28 Nov 2008

UK ingredients company Tate & Lyle has appointed Sir Peter Gershon as a non-executive director and chairman-elect.

US: ITC to revisit Splenda ruling

25 Nov 2008

The US International Trade Commission (ITC) is to review an earlier decision that found no breach of Tate & Lyle’s sucralose patent as part of the UK food ingredients group's ongoing battle to protect the value of its Splenda sucralose business.

Top stories on just-food this week

7 Nov 2008

Once again, a raft of third quarter results stories caught your eye on just-food this week.

UK: Tate & Lyle upbeat as profits rise

6 Nov 2008

UK ingredients company Tate & Lyle said today (6 November) that it is “well positioned” to face the global economic slowdown, reporting “sound” first-half sales and profit growth.

Top stories on just-food this week

26 Sep 2008

The fall-out from the melamine scandal in China rumbled on this week, with claims that Sanlu Group, the Chinese dairy at the heart of the scare tried to cover up the outbreak when it first emerged.

UPDATE: UK: Tate & Lyle remains “confident” in Splenda

23 Sep 2008

Tate & Lyle has said that it remains confident in its sucralose business despite the loss of its patent infringement case in the US.

UK: Tate & Lyle plunges on patent case loss

23 Sep 2008

Shares in UK ingredients company Tate & Lyle plunged in morning trade today (23 September) after the company revealed that it has lost its US sucralose patent-infringement case.

UK: Tate & Lyle sees flat profits

18 Sep 2008

UK sugar and sweetener group Tate & Lyle has forecast flat first-half profits but said it is on track to “make progress” in the full year.

UPDATE - UK: Tate & Lyle optimistic in difficult conditions

24 Jul 2008

Following Tate & Lyle's AGM yesterday (23 July) the comapny told just-food that it is “increasingly confident” that conditions in the European sugar market will improve in the second half of its financial year.

UK: Tate & Lyle “on-track” for FY progress

23 Jul 2008

UK sugar giant Tate & Lyle has said that it is off to a satisfactory start to the year, with its first quarter profits broadly in line with the comparable period of last year.

UK: Ethical sales to weather recession - Co-op

9 Jul 2008

The economic downturn will not hit sales of ethical or environmentally-friendly food products, UK retailer The Co-operative Group has insisted.

Top stories on just-food - 4 July

4 Jul 2008

Marks & Spencer's shock trading update this week cast a shadow over UK retail - and proved this week's most popular story on just-food.

US: Bunge acquires Tate & Lyle business

2 Jul 2008

Global agribusiness and food company Bunge has struck a deal to acquire the international sugar trading and marketing division of Tate & Lyle.

UK: Tate & Lyle FY profits fall on sugar losses

22 May 2008

Tate & Lyle today (22 May) posted an 11% drop in full year pretax profits as the group’s sugar unit reported an operating loss.

UK: Tate inks deal with Fiji Sugar Corp

9 May 2008

Tate & Lyle and the Fiji Sugar Corporation have an agreement on the long-term supply of raw sugar for preferential import into the EU.

UK: Weak dollar sours Tate & Lyle

2 Apr 2008

Tate & Lyle said today (2 April) that trading has continued in line with expectations but warned the weak US dollar would hit full-year profits.

UK: Tate & Lyle makes sugar switch to Fairtrade

25 Feb 2008

Tate & Lyle has announced it is to move its entire retail cane sugar range to Fairtrade, marking one of the largest switches to the ethical labelling system by a UK food or drink brand.

UK: Harbinger increases Tate & Lyle stake

19 Feb 2008

Hedge fund Harbinger has upped its holding in Tate & Lyle to just under 14.3%, up from 13% previously.

UK: Profits up at Tate but sucralose falters

15 Feb 2008

Tate & Lyle has reported that pre-tax profits remain "marginally ahead" of its expectations - but warned of falling profits from its sucralose business.

2007 - the best of times, the worst of times

20 Dec 2007

Christmas is a time for lists, lists and more lists. As we near the end of 2007, it seems an ideal time for just-food to create one of its own and detail who we think has thrived – and who has suffered – in a hectic year for the food industry.

ABF faces questions over bakery despite rising profits

6 Nov 2007

Associated British Foods, the UK food giant, today (6 November) booked a set of robust annual results driven by diverse parts of its business, from sugar to clothing retail. However, bakery, a sector that is central to ABF's history, remains a problem. Could these problems lead ABF to sell the business? Dean Best reports.

In the Spotlight - Iain Ferguson, Tate & Lyle

2 Nov 2007

Iain Ferguson, the affable chief executive of Tate & Lyle, has been left battered and bruised this year following three successive profit warnings and a plummeting share price. Earlier this week, those warnings crystallised in a 19% slump in half-year profits. Sections of the City are calling time on Ferguson’s tenure at the head of the food and ingredients group. Dean Best reports.







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