Tate & Lyle plc (TATE.L)
Tate & Lyle plc operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in London, LO, GB. The stock last traded at $553.50, up 0.09% on the session, giving a market capitalisation of $2.45B. Its beta of 0.35 implies it has historically moved less than the broad market.
Established in 1903 and headquartered in London, United Kingdom, Tate & Lyle PLC is a global provider of specialized ingredients and solutions. The company caters to the food, beverage, and other industrial sectors across the United States, the United Kingdom, other European nations, and numerous international markets. Its operations are organized into three principal segments: Food & Beverage Solutions, Sucralose, and Primary Products. Tate & Lyle's diverse product portfolio encompasses texturants, health and wellness components, and stabilizers. They also supply nutritive sweeteners, such as high-fructose corn syrup and dextrose. Beyond food-related offerings, the company manufactures industrial starches for applications like paper, packaging, and adhesives, alongside acidulants like citric acid. Furthermore, they deal in various commodities, including corn gluten feed and meal for animal nutrition, corn oil, and ethanol. The company's activities extend to treasury, insurance, and vital research and development services.
Tate & Lyle plc is most often compared with the following Consumer Defensive names: