Declaración comercial
Net-Mobile AG
€6.83
16:30 19/01/17
21 de febrero de 2024 - Tate & Lyle PLC
DECLARACIÓN COMERCIAL
Tate & Lyle emite la siguiente declaración comercial para los tres meses finalizados el 31 de diciembre de 2023.
Titulares
· Resilient performance and continued good strategic progress
· EBITDA guidance for year ending 31 March 2024 unchanged
· Revenue 4% lower, mainly due to softer demand and phasing of orders into the fourth quarter
· 2024 calendar year customer contracts expected to deliver a return to volume growth
Nick Hampton, director ejecutivo, dijo:
"Tate & Lyle delivered resilient performance in challenging market conditions.
In Food & Beverage Solutions, volume and revenue were lower than the comparative period. This was due to a combination of softer consumer demand and customer de-stocking, reduced inflation pass through, and some customers phasing orders into the fourth quarter when new calendar year contracts, which included the pass through of input cost deflation, came into effect. Sucralose delivered an improved performance.
The renewal of customer contracts for the 2024 calendar year is expected to deliver a sequential improvement in volume growth as the year progresses. Reflecting this, and the phasing of some customer orders from December, we saw good volume growth in January.
Customers continue to recognise the benefits of our solutions capabilities across sweetening, mouthfeel and fortification, and we remain committed to our strategy of increasing investment in both solution selling and innovation. New Products from our innovation pipeline grew strongly, delivering double-digit revenue growth on a like-for-like basis in the first three quarters of the financial year.
The strategic repositioning of Tate & Lyle to focus on speciality food ingredients, and the investments we have made to strengthen our ingredient portfolio and solutions expertise, have positioned us well to benefit from the long-term trends towards healthier, tastier and more sustainable food and drink."
| Cambio de ingresos1 | |
| meses a 3 | meses a 9 |
Soluciones de alimentos y bebidas | (3)% | 2% |
La sucralosa | (2)% | (4)% |
Productos Primarios Europa | (14)% | (6)% |
Grupo procesos | (4)% | 1% |
1 In constant currency.
Outlook
For the year ending 31 March 2024, in constant currency, we expect to deliver:
· Revenue slightly lower than the prior year.
· EBITDA growth unchanged at 7% to 9%.
Seguimos esperando mayores beneficios de nuestra participación minoritaria en Primient.
FIN
The third quarter conference call will be held today at 8.00am GMT hosted by Nick Hampton, Chief Executive and Dawn Allen, Chief Financial Officer. Participants are requested to dial in at least 10 minutes before the start of the call. Dial in details are as follows:
Número de marcación del Reino Unido: +44 (0)33 0551 0200
Número gratuito del Reino Unido: 0808 109 0700
Número de marcación de EE. UU.: +1 786 697 3501
Número gratuito de EE. UU.: +1 866 580 3963
Contraseña: Tate & Lyle
Reproducción de llamada de conferencia de 14 días:
Número de reproducción del Reino Unido: +44 (0)20 8196 1480
Número de reproducción gratuito de EE. UU.: +1 866 583 1035
Access pin: 7930706#
Para obtener más información, comuníquese con Tate & Lyle PLC:
Christopher Marsh, vicepresidente de relaciones con inversores
Móvil: + 44 (0) 7796 192 688
Nick Hasell (FTI Consulting), Relaciones con los medios
Móvil: + 44 (0) 7825 523 383
Acerca de Tate & Lyle:
Respaldados por nuestra historia de 160 años de innovación de ingredientes, nos asociamos con los clientes para brindarles opciones más saludables y sabrosas cuando comen y beben. Estamos orgullosos de que millones de personas en todo el mundo consuman productos que contienen nuestros ingredientes todos los días.
A través de nuestra experiencia en endulzamiento, fortificación y textura, desarrollamos soluciones de ingredientes que reducen el azúcar, las calorías y la grasa, agregan fibra y proteínas y brindan textura y estabilidad en categorías que incluyen bebidas, lácteos, panadería, refrigerios, sopas, salsas y apósitos.
We have more than 3,500 employees working in around 57 locations across 39 countries. Science, Solutions, Society is our brand promise and how we will achieve our purpose of Transforming Lives Through the Science of Food. By living our purpose we believe we can successfully grow our business and have a positive impact on society. We live our purpose in three ways, by supporting healthy living, building thriving communities and caring for our planet.
Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. In the year to 31 March 2023, Tate & Lyle revenue from continuing operations totaled £1.75 billion. For more information, please visit https://www.tateandlyle.com or follow Tate & Lyle on X, LinkedIn, Facebook or YouTube.
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