5th Apr 2016 06:40
LONDON (Alliance News) - Tate & Lyle PLC on Tuesday said its trading performance in the fourth quarter of its financial year was in line with expectations and with the outlook it provided earlier in the year.
In February, the food and beverage ingredients manufacturer said its adjusted pretax profit for the year ended March 31 would be flat year-on-year at GBP193.0 million on a constant currency basis, with reported pretax profit to be "modestly below" that level.
The company said the longer-term outlook remained positive despite some of its divisions continuing to face headwinds.
Tate & Lyle will release its full-year results on May 26.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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