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Tate & Lyle

Current Price 684.00p Bid 683.50p Ask 684.50p Change 0.07%
Last Updated: 09/05/2024 14:15. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Tate & Lyle produces an estimated 4m tonnes of cereal sweeteners and refines over 2m tonnes of sugar each year sold into around 35 countries. It is is a global leader in cereal sweeteners and starches, sugar refining, value added food and industrial ingredients and citric acid. It is world number one in industrial starches and wheat proteins and the sole manufacturer of sucralose sugar substitute, Splenda.

Financial Highlights Year Ended 31/03/2020

Revenue
£2,882.00m
Operating Profit/Loss
£296.00m
Dividend yield (%)
4.50
Total dividend for year
29.6000p
Dividend cover
1.98
P/E Ratio
11.20

Key Personnel

Mr David Hearn
Chairman
Mr Nick Hampton
Chief Financial Officer
Ms Dawn Allen
Chief Financial Officer
Mr Lars Frederiksen
Independent Non-Executive Director
Ms Sybella Stanley
Independent Non-Executive Director
Dr Isabelle Esser
Non-Executive Director
Mr Jeffrey Carr
Non-Executive Director
Mr John Cheung
Non-Executive Director
Mr Warren Tucker
Non-Executive Director
Ms Kimberly Nelson
Non-Executive Director
Ms Patrícia Corsi
Non-Executive Director

Stock Details

EPIC
TATEL
ISIN
GB0008754136
Shares in Issue
466.43m
Market cap
£3,190.36m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
0%
Hold
 
100.00%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
684.00p
Bid Price
683.50p
Ask Price
684.50p
Volume
73,733
Change Today
0.50p
% Change Today
0.07%
Open
677.00p
Previous Close
683.50p
Intraday High
688.00p
Intraday Low
677.00p
52 Week High
820.50p
52 Week Low
590.75p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Continuing Operations
Revenue
2,882.00
2,755.00
Operating Profit/Loss
296.00
236.00
Net Interest
-28.00
-26.00
Pre-Tax Profit
296.00
240.00
Profit After Tax from continuing operations
245.00
181.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
245.00
181.00
Attributable to:
Equity Holders of Parent Company
245.00
181.00
Minority Interests
n/a
n/a
Total Dividend Paid
29.6000p
29.4000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2020
31 Mar 2019
Basic
52.80p
39.20p
Diluted
52.10p
38.60p
Adjusted
58.60p
52.80p
Dividend per Share
29.6000p
29.4000p

Assets

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
1,190.00
982.00
Intangible Assets
340.00
342.00
Investment Properties
n/a
n/a
Investments
154.00
161.00
Other Financial Assets
1.00
n/a
Other Non-Current Assets
34.00
212.00
Current Assets
Inventories
456.00
434.00
Trade & Other Receivables
323.00
325.00
Cash at Bank & In Hand
271.00
285.00
Current Asset Investments
n/a
n/a
Other Current Assets
82.00
52.00
Other Assets
n/a
n/a
Total Assets
2,851.00
2,793.00

Liabilities

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Current Liabilities
Borrowings
40.00
224.00
Other Current Liabilities
468.00
457.00
Total Current Liabilities
508.00
681.00
Non-Current Liabilities
Borrowings
682.00
373.00
Provisions
53.00
66.00
Other Non-Current Liabilities
209.00
184.00
Total Non-Current Liabilities
944.00
623.00
Other Liabilities
n/a
n/a
Total Liabilities
1,452.00
1,304.00

Net Assets

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Net Assets
1,399.00
1,489.00

Capital & Reserves

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Share Capital
117.00
117.00
Share Premium Account
406.00
406.00
Other Reserves
247.00
225.00
Retained Earnings
629.00
741.00
Shareholders Funds
1,399.00
1,489.00
Minority Interests/Other Equity
n/a
n/a
Total Equity
1,399.00
1,489.00

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
23 Nov 2023
05 Jan 2024
6.20p
Final
22 Jun 2023
02 Aug 2023
13.10p
Interim
24 Nov 2022
04 Jan 2023
5.40p
Final
30 Jun 2022
05 Aug 2022
12.80p
Special
28 Apr 2022
16 May 2022
107.00p
Special
03 May 2022
16 May 2022
107.00p
Interim
25 Nov 2021
05 Jan 2022
9.00p
Final
24 Jun 2021
06 Aug 2021
22.00p
Interim
19 Nov 2020
06 Jan 2021
8.80p
Final
18 Jun 2020
31 Jul 2020
20.80p
Interim
21 Nov 2019
03 Jan 2020
8.80p
Final
20 Jun 2019
31 Jul 2019
20.80p
Interim
22 Nov 2018
04 Jan 2019
8.60p
Final
21 Jun 2018
01 Aug 2018
20.30p
Interim
30 Nov 2017
05 Jan 2018
8.40p
Final
29 Jun 2017
01 Aug 2017
19.80p
Interim
24 Nov 2016
03 Jan 2017
8.20p
Final
30 Jun 2016
29 Jul 2016
19.80p
Interim
19 Nov 2015
04 Jan 2016
8.20p
Final
02 Jul 2015
31 Jul 2015
19.80p
Interim
20 Nov 2014
02 Jan 2015
8.20p

Dividend Metrics

Year End Date
31 Mar 2020
31 Mar 2019
Dividend growth
0.68%
2.44%
Dividend yield
4.50%
4.10%
Dividend cover
1.98
1.80


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