Reuters logo
BRIEF-Tate & Lyle says FY adjusted pretax profit up 5 pct
May 26, 2016 / 6:21 AM / 2 years ago

BRIEF-Tate & Lyle says FY adjusted pretax profit up 5 pct

May 26 (Reuters) - Tate & Lyle Plc

* Reg-Tate & Lyle Plc final results

* Group performed solidly with adjusted profit before tax up 5% (1% in constant currency), in line with expectations

* Final dividend proposed at 19.8p, making an unchanged total dividend of 28.0p, as previously indicated

* Fy adjusted diluted earnings per share up 2.5p (8%) at 34.5p

* Return on capital employed down to 11.3% (90 bps) reflecting Eaststarch re-alignment and capital expenditure

* Turning to outlook for 2017 financial year, subject to currency movements, we are confident group will continue to make progress in line with our plan and towards our 2020 ambition Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below