Share Prices & Company Research

Stockbroking

Tate & Lyle

Current Price 639.95p Bid 600.40p Ask 1165.00p Change 37.36%
Last Updated: 20/08/2018 06:26. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Tate & Lyle plc is a global provider of ingredients and solutions to the food, beverage and other industries, with operations at more than 30 facilities worldwide. Tate & Lyle operates through two global divisions, Speciality Food Ingredients and Bulk Ingredients, supported by our Innovation and Commercial Development and Global Operations groups. The Group's strategy is to become a leading global provider of Speciality Food Ingredients through a disciplined focus on growth, and by driving Bulk Ingredients for sustained cash generation to fuel this growth. Speciality Food Ingredients consists of three platforms: Texturants, which includes speciality starches and stabilisers; Sweeteners, which comprises nutritive sweeteners and our range of no-calorie sweeteners including SPLENDA ® Sucralose; and our Health and Wellness portfolio which includes speciality fibres and our salt-reduction offering. Additionally, our Food Systems business provides a wide variety of blended ingredient solutions. Tate & Lyle Bulk Ingredients includes bulk sweeteners, industrial starches and fermentation products (primarily acidulants). Corn co-products from both divisions are primarily sold as animal feed.

Financial Highlights Year Ended 31/03/2018

Turnover
£2,710.00m
Operating Profit
£290.00m
Dividend Yield
4.49
Dividend Per Share
28.70
Dividend Cover
2.00
P/E Ratio
11.14

Key Personnel

Anthony Nicholas Seymour Hampton
Chief Executive Officer
Dr Gerard Martin Murphy
Non-Executive Chairman
Sybella Jane Stanley
Non-Executive Director
Dr Ajai Puri
Non-Executive Director
Anne Elizabeth Minto
Non-Executive Director
Douglas Malcolm Hurt
Non-Executive Director
Lars Vinge Frederiksen
Non-Executive Director
Paul Anthony Forman
Non-Executive Director

Stock Details

EPIC
TATE
ISIN
GB0008754136
Shares in Issue
467,322,424
Market cap
£2,988.99m

Analyst Views (6)

Strong Buy
 
33.33%
Buy
 
0.00%
Hold
 
50.00%
Sell
 
16.67%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
882.70p
Bid Price
600.40p
Ask Price
1165.00p
Volume
0
Change Today
240.10p
% Change Today
37.36%
Open
637.60p
Previous Close
642.60p
Intraday High
0.00p
Intraday Low
0.00p
52 Week High
713.50p
52 Week Low
522.60p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Tate & Lyle Intra-day Chart

Tate & Lyle News

News in this section is provided by MoneyAM

Broker Forecast - Jefferies International issues a broker note on Tate & Lyle PLC 13 Jun 2018 | 08:30 Broker Forecast - Kepler Cheuvreux issues a broker note on Tate & Lyle PLC 12 Jun 2018 | 09:30 Broker Forecast - Societe Generale issues a broker note on Tate & Lyle PLC 07 Jun 2018 | 11:00 Broker Forecast - Liberum Capital issues a broker note on Tate & Lyle PLC 01 Jun 2018 | 08:20 Broker Forecast - Citigroup issues a broker note on Tate & Lyle PLC 30 May 2018 | 10:10 Broker Forecast - Liberum Capital issues a broker note on Tate & Lyle PLC 25 May 2018 | 10:10 Global equities fall on Trump's decision to cancel North Korea summit 24 May 2018 | 16:56 FTSE slips as utility stocks struggle 24 May 2018 | 12:00 FTSE bounces back after sell-off 24 May 2018 | 08:37 Tate & Lyle sales hit by lower corn costs 24 May 2018 | 07:45 Broker Forecast - Shore Capital issues a broker note on Tate & Lyle PLC 17 Apr 2018 | 08:40 Tate & Lyle appoints Imran Nawaz as CFO 17 Apr 2018 | 07:04 Broker Forecast - Exane BNP Paribas issues a broker note on Tate & Lyle PLC 05 Apr 2018 | 15:10 Director Deals - Tate & Lyle PLC (TATE) 02 Mar 2018 | 12:15 Director Deals - Tate & Lyle PLC (TATE) 15 Feb 2018 | 16:45 Director Deals - Tate & Lyle PLC (TATE) 13 Feb 2018 | 15:20 Broker Forecast - Kepler Cheuvreux issues a broker note on Tate & Lyle PLC 13 Feb 2018 | 10:40 Broker Forecast - Deutsche Bank issues a broker note on Tate & Lyle PLC 12 Feb 2018 | 09:20 Broker Forecast - Kepler Cheuvreux issues a broker note on Tate & Lyle PLC 09 Feb 2018 | 09:20 Broker Forecast - Kepler Cheuvreux issues a broker note on Tate & Lyle PLC 08 Feb 2018 | 09:10 Tate & Lyle on track 08 Feb 2018 | 07:18 Broker Forecast - Goldman Sachs issues a broker note on Tate & Lyle PLC 07 Feb 2018 | 09:20 Broker Forecast - Exane BNP Paribas issues a broker note on Tate & Lyle PLC 31 Jan 2018 | 12:30 Tate & Lyle CEO to retire 16 Jan 2018 | 07:45 Broker Forecast - Kepler Cheuvreux issues a broker note on Tate & Lyle PLC 03 Nov 2017 | 09:30 UK interest rate hike boosts FTSE 02 Nov 2017 | 16:42 FTSE rises as traders await interest rate decision 02 Nov 2017 | 11:10 FTSE flat as markets awaits interest rate decision 02 Nov 2017 | 08:36 Tate & Lyle profits sweeten 02 Nov 2017 | 07:30 Broker Forecast - Kepler Cheuvreux issues a broker note on Tate & Lyle PLC 27 Oct 2017 | 11:00

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Tangible Assets
965.0
1,061.0
Intangible Assets & Goodwill
360.0
401.0
Investments & Other Non-Current Assets
318.0
284.0
Total Non-Current Assets
1,643.0
1,746.0
Inventory
419.0
441.0
Trade & Receivables
294.0
291.0
Cash & Receivables
190.0
261.0
Other Current Assets & Assets Held for Resale
25.0
32.0
Total Assets
2,571.0
2,771.0

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Short Term Liabilities
402.0
487.0
Long Term Liabilities
802.0
952.0
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
1,204.0
1,439.0

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Net Assets
1,367.0
1,332.0

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Share Capital
117.0
117.0
Minority Interests
0.0
0.0
Retained Earnings
677.0
548.0
Share Premium Account
406.0
406.0
Other Equity
167.0
261.0
Total Equity
1,367.0
1,332.0

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Cashflow from Operating Activities
286.0
298.0
Cashflow Before Financing
184.0
184.0
Increase / Decrease in Cash
-48.0
-88.0

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Turnover
2,710.0
2,753.0
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
290.0
233.0
Pre-Tax Profit
286.0
233.0
Profit / Loss for the Year
265.0
256.0

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
H2 Dividend
21 Jun 2018
01 Aug 2018
H1 Dividend
30 Nov 2017
05 Jan 2018
H2 Dividend
29 Jun 2017
01 Aug 2017
H1 Dividend
24 Nov 2016
03 Jan 2017
H2 Dividend
30 Jun 2016
29 Jul 2016
H1 Dividend
19 Nov 2015
04 Jan 2016
H2 Dividend
02 Jul 2015
31 Jul 2015
H1 Dividend
20 Nov 2014
02 Jan 2015
H2 Dividend
25 Jun 2014
01 Aug 2014
H1 Dividend
20 Nov 2013
03 Jan 2014
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.