Tate & Lyle PLC (LSE:TATE)
ÂŁ 6.155 -0.03 (-0.44%) Market Cap: 2.72 Bil Enterprise Value: 2.87 Bil PE Ratio: 14.56 PB Ratio: 2.20 GF Score: 75/100

Tate & Lyle PLC Capital Markets Day Transcript

Feb 08, 2023 / 02:00PM GMT
Release Date Price: ÂŁ8.08 (+3.75%)
Nick Hampton
Tate & Lyle plc - CEO & Executive Director

Good afternoon. Welcome to Tate & Lyle's Capital Markets events. I am so excited today to present the new Tate & Lyle and the significant growth opportunities ahead for our business, which I believe we are well positioned to capture.

This is the first of a series of Capital Markets events we plan to hold to present different aspects of the business.

Today, we will focus on 4 main areas. Firstly, the new Tate & Lyle, our purpose, strategy, competitive advantage, growth potential and an updated 5-year financial ambition. Secondly, our specialty portfolio, the markets we operate in, and why we expect Food & Beverage Solutions to grow ahead of the market. Thirdly, we will talk about innovation and how we are growing our solutions-focused business with customers. And finally, we will look at our financial framework, including a new productivity target of $100 million over the next 5 years. That is all to come.

But I want to start with a projection. It's estimated that to meet increasing demand from a

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