Tate & Lyle plc (TATE.L), a supplier of diverse food and beverage products, on Thursday reported higher pre-tax income in the full year 2026 compared with the previous year.
For the full year 2026, profit before tax increased to 11 million pounds from 88 million pounds in the previous year.
Earnings per share were 21.7 pence versus 11.6 pence last year.
On the adjusted basis, profit before tax came in at 238 million pounds from 263 million pounds in the previous year.
Adjusted earnings per share came in at 40.4 pence versus 50.3 pence last year.
EBITDA jumped to 352 million pounds from 234 million pounds in the prior year.
Operating profit rose to 180 million pounds from 106 million pounds in the same period a year ago.
Adjusted declined to 287 million pounds from 309 million pounds in the prior year.
Revenue increased to 2.01 billion pounds from 1.74 billion pounds in the previous year.
Further, the Board recommended a final dividend of 13.2 pence per share, compared with 13.4 pence a year earlier. The full-year dividend was unchanged at 19.8 pence per share.
The dividend will be paid on July 31 to shareholders on record as of June 19.The company said a dividend Reinvestment Plan is available.
On Tuesday, Tate & Lyle closed trading 1.95% higher at GBp 522 on the London Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.