Tate & Lyle (GB:TATE) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.
