Tate & Lyle PLC
ISIN: GB00BP92CJ43 | Ticker: TATE | LEI: 2138008K14474WPKZ244
Country: United Kingdom
Tate & Lyle PLC is a British food and beverage ingredients supplier that was founded in 1921 and is headquartered in London, England. The company specializes in the production of a wide variety of sweeteners, texturants, and other ingredients used in the food and beverage industry.
Tate & Lyle prides itself on its commitment to sustainability and ethical practices, sourcing its raw materials responsibly and reducing its carbon footprint through various initiatives. The company has also made significant contributions to the development and production of low-calorie sweeteners such as Splenda, which has become a popular alternative to traditional sugar.
With more than 5,000 employees and operations in more than 30 countries, Tate & Lyle has established itself as a leader in the food and beverage ingredients industry. The company's products are used by some of the world's leading food manufacturers and can be found in a variety of products, from packaged foods to beverages.
1921
Served areaWorldwide
Headquarters5 Marble Arch, W1H 7EJ London – United Kingdom
| Line item in (gbp) | 01.04.2020 | 01.04.2021 | 01.04.2022 | 01.04.2023 |
|---|---|---|---|---|
| Assets | N/A | 2,967,000,000.00 | 3,251,000,000.00 | 2,507,000,000.00 |
| Noncurrent Assets | N/A | 1,665,000,000.00 | 862,000,000.00 | 1,223,000,000.00 |
| Property Plant And Equipment | N/A | 1,105,000,000.00 | 497,000,000.00 | 488,000,000.00 |
| Investments In Joint Ventures Accounted For Using Equity Method | N/A | 104,000,000.00 | 0.00 | 199,000,000.00 |
| Noncurrent Receivables | N/A | 1,000,000.00 | 1,000,000.00 | 11,000,000.00 |
| Deferred Tax Assets | N/A | 32,000,000.00 | 9,000,000.00 | 13,000,000.00 |
| Noncurrent Recognised Assets Defined Benefit Plan | N/A | 18,000,000.00 | 23,000,000.00 | 18,000,000.00 |
| Noncurrent Derivative Financial Assets | N/A | 1,000,000.00 | 3,000,000.00 | 0.00 |
| Current Assets | N/A | 1,302,000,000.00 | 2,389,000,000.00 | 1,284,000,000.00 |
| Inventories | N/A | 532,000,000.00 | 317,000,000.00 | 446,000,000.00 |
| Trade And Other Current Receivables | N/A | 333,000,000.00 | 270,000,000.00 | 351,000,000.00 |
| Other Current Financial Assets | N/A | 32,000,000.00 | 2,000,000.00 | 0.00 |
| Cash and cash equivalents | N/A | 371,000,000.00 | 110,000,000.00 | 475,000,000.00 |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 1,302,000,000.00 | 723,000,000.00 | 1,284,000,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 0.00 | 1,666,000,000.00 | 0.00 |
| Current Derivative Financial Assets | N/A | 23,000,000.00 | 13,000,000.00 | 3,000,000.00 |
| Equity And Liabilities | N/A | 2,967,000,000.00 | 3,251,000,000.00 | 2,507,000,000.00 |
| Equity | 1,393,000,000.00 | 1,454,000,000.00 | 1,620,000,000.00 | 1,190,000,000.00 |
| Issued Capital | N/A | 117,000,000.00 | 117,000,000.00 | 117,000,000.00 |
| Retained Earnings | N/A | 777,000,000.00 | 865,000,000.00 | 513,000,000.00 |
| Share Premium | N/A | 407,000,000.00 | 407,000,000.00 | 408,000,000.00 |
| Other Reserves | N/A | 144,000,000.00 | 222,000,000.00 | 143,000,000.00 |
| Capital Redemption Reserve | N/A | 8,000,000.00 | 8,000,000.00 | 8,000,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 1,453,000,000.00 | 1,619,000,000.00 | 1,189,000,000.00 |
| Noncontrolling Interests | N/A | 1,000,000.00 | 1,000,000.00 | 1,000,000.00 |
| Liabilities | N/A | 1,513,000,000.00 | 1,631,000,000.00 | 1,317,000,000.00 |
| Noncurrent Liabilities | N/A | 956,000,000.00 | 851,000,000.00 | 745,000,000.00 |
| Noncurrent Provisions | N/A | 11,000,000.00 | 12,000,000.00 | 5,000,000.00 |
| Deferred Tax Liabilities | N/A | 41,000,000.00 | 51,000,000.00 | 30,000,000.00 |
| Noncurrent Recognised Liabilities Defined Benefit Plan | N/A | 158,000,000.00 | 130,000,000.00 | 118,000,000.00 |
| Longterm Borrowings | N/A | 746,000,000.00 | 658,000,000.00 | 592,000,000.00 |
| Current Liabilities | N/A | 557,000,000.00 | 780,000,000.00 | 572,000,000.00 |
| Current Provisions | N/A | 24,000,000.00 | 11,000,000.00 | 13,000,000.00 |
| Trade And Other Current Payables | N/A | 431,000,000.00 | 294,000,000.00 | 372,000,000.00 |
| Other Current Financial Liabilities | N/A | 26,000,000.00 | 0.00 | N/A |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 557,000,000.00 | 380,000,000.00 | 572,000,000.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 0.00 | 400,000,000.00 | 0.00 |
| Current Derivative Financial Liabilities | N/A | 9,000,000.00 | 31,000,000.00 | 4,000,000.00 |
| Line item in (gbp) | 01.04.2020/ 01.04.2021 |
01.04.2021/ 01.04.2022 |
01.04.2022/ 01.04.2023 |
|---|---|---|---|
| Revenue | 1,211,000,000.00 | 1,375,000,000.00 | 1,751,000,000.00 |
| Profit Loss From Operating Activities | 116,000,000.00 | 67,000,000.00 | 196,000,000.00 |
| Finance Income | 1,000,000.00 | 1,000,000.00 | 12,000,000.00 |
| Finance Costs | 27,000,000.00 | 26,000,000.00 | 32,000,000.00 |
| Profit Loss Before Tax | 90,000,000.00 | 42,000,000.00 | 152,000,000.00 |
| Income Tax Expense Continuing Operations | 1,000,000.00 | 16,000,000.00 | 25,000,000.00 |
| Profit Loss From Continuing Operations | 89,000,000.00 | 26,000,000.00 | 127,000,000.00 |
| Profit Loss From Discontinued Operations | 164,000,000.00 | 210,000,000.00 | 63,000,000.00 |
| Profit (loss) | 253,000,000.00 | 236,000,000.00 | 190,000,000.00 |
| Profit Loss Attributable To Owners Of Parent | 253,000,000.00 | 236,000,000.00 | 190,000,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 0.00 | 0.00 | 0.00 |
| Line item in (gbp) | 01.04.2021 | 01.04.2022 | 01.04.2023 |
|---|---|---|---|
| Profit (loss) | 253,000,000.00 | 236,000,000.00 | 190,000,000.00 |
| Adjustments For Finance Costs | 30,000,000.00 | 28,000,000.00 | 20,000,000.00 |
| Adjustments For Sharebased Payments | 8,000,000.00 | 12,000,000.00 | 20,000,000.00 |
| Other Adjustments For Noncash Items | 9,000,000.00 | -38,000,000.00 | -7,000,000.00 |
| Cash Flows From Used In Operations | 448,000,000.00 | 169,000,000.00 | 152,000,000.00 |
| Interest Paid Classified As Operating Activities | 22,000,000.00 | 21,000,000.00 | 25,000,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | 57,000,000.00 | 45,000,000.00 | 19,000,000.00 |
| Cash Flows From Used In Operating Activities | 369,000,000.00 | 103,000,000.00 | 66,000,000.00 |
| Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 0.00 | 1,045,000,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | 62,000,000.00 | -1,000,000.00 | 192,000,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | 5,000,000.00 | 0.00 | N/A |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | 134,000,000.00 | 132,000,000.00 | 70,000,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | 18,000,000.00 | 16,000,000.00 | 8,000,000.00 |
| Interest Received Classified As Investing Activities | 1,000,000.00 | 1,000,000.00 | 11,000,000.00 |
| Cash Flows From Used In Investing Activities | -205,000,000.00 | -113,000,000.00 | 835,000,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | 5,000,000.00 | 13,000,000.00 | 13,000,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | 154,000,000.00 | 2,000,000.00 | 1,000,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | 5,000,000.00 | 60,000,000.00 | 3,000,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | 36,000,000.00 | 32,000,000.00 | 13,000,000.00 |
| Dividends Paid Classified As Financing Activities | 137,000,000.00 | 144,000,000.00 | 570,000,000.00 |
| Cash Flows From Used In Financing Activities | -29,000,000.00 | -247,000,000.00 | -598,000,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 135,000,000.00 | -257,000,000.00 | 303,000,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | -35,000,000.00 | 13,000,000.00 | 45,000,000.00 |
| Cash and cash equivalents | 371,000,000.00 | 110,000,000.00 | 475,000,000.00 |
Please note that some sums might not add up.
| Position Holder | Short Interest in Percent | Date |
|---|---|---|
| Balyasny Asset Management (UK) LLP | 0.51% | 22.02.24 |
| Balyasny Asset Management (UK) LLP | 0.80% | 13.03.24 |
| Balyasny Asset Management (UK) LLP | 0.54% | 11.04.24 |
| Balyasny Asset Management (UK) LLP | 0.72% | 26.02.24 |
| Balyasny Asset Management (UK) LLP | 0.57% | 27.03.24 |
| Balyasny Asset Management (UK) LLP | 0.87% | 15.04.24 |
| Total | 4.01% |
GB00BP92CJ43
LEI2138008K14474WPKZ244
SectorFTSE 250
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