date:Jun 01, 2012
London-based Tate Lyle posted fiscal year profit of 309 million ($477 million), up from 167 million in the previous fiscal year. Sales in the fiscal year rose to 3,088 million ($4,770 million) from 2,720 million, which marked a 14% increase as reported and a 16% increase in constant currency.
Tate Lyle performed well with steady growth across a key number of our markets supported by exceptionally strong returns from co-products in the first half, said Javed Ahmed, chief executive of Tate Lyl