- Tate & Lyle
- 26 February 2026 09:00:25
Source: Sharecast
For the three months ended 31 December, Tate & Lyle said group revenue rose 15% on both a reported basis and constant currency basis, reflecting its combination with CP Kelco completed in November 2024.
On a pro forma basis, however, group revenue was 2% lower as demand remained subdued, with regional trends broadly consistent with the first half.
On a year-to-date basis, pro forma revenue in the Americas was 2% below the prior year, with modestly higher pricing offset by lower volumes, while in Europe, the Middle East and Africa, lower pricing brought about a 5% decline, while Asia Pacific revenues were up 1%, supported by higher volumes.
Looking ahead, Tate & Lyle left its FY guidance unchanged, with the group expecting both revenue and EBITDA to fall by a low‑single‑digit percentage in the year ending 31 March when compared with pro forma comparatives for the prior year.
As of 0900 GMT, Tate & Lyle shares were down 3.53% at 385.09p.
Reporting by Iain Gilbert at Sharecast.com