Tate & Lyle (LON:TATE) said its full-year results were in line with revised guidance, as muted market demand and regional weakness offset progress from the integration of CP Kelco and ongoing productivity efforts.
Opening the results presentation for the year ended March 31, 2026, Nick said the company could not comment beyond last week’s Rule 2.4 announcement under the U.K. Takeover Code, which confirmed that Ingredion had made a conditional proposal to acquire Tate & Lyle. He said there was “no certainty that any offer will be made, nor as to the terms of such an offer,” and that the presentation would focus on the company’s results and business progress.