Tate & Lyle’s Strategic Shift Boosts Financial Performance

Tate & Lyle (GB:TATE) has released an update.

Tate & Lyle has reported a strong half-year financial performance, highlighted by a 6% increase in adjusted EBITDA and a strategic transformation through its merger with CP Kelco. The company has completed the sale of Primient, focusing on expanding its speciality food and beverage solutions, and is returning £215 million to shareholders via a share buyback. This strategic shift aims to enhance Tate & Lyle’s leadership in the global food and beverage market, capitalizing on growing consumer trends.

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