Tate & Lyle Reports Full-Year Results in Line with Guidance Despite Revenue and EBITDA Declines
Tate & Lyle reported full-year results aligned with revised guidance, but pro forma revenue and adjusted EBITDA both fell by 3% due to weak demand in Europe and Latin America. The company highlighted early success from the CP Kelco integration, achieving £50 million in annualized cost synergies a year ahead of schedule.
Tickers: $INGR
Topics: acquisition rumors earnings guidance integration progress