Tate & Lyle plc (TATYY)
Tate & Lyle plc operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in London, LO, GB. The stock last traded at $29.96, up 0.07% on the session, giving a market capitalisation of $7.10B. On trailing twelve-month figures it carries a trailing P/E of 24.93, a net margin of 4.8%. Its beta of 0.35 implies it has historically moved less than the broad market.
Tate & Lyle PLC, along with its subsidiaries, offers a diverse portfolio of ingredients and specialized solutions catering to the food, beverage, and other industrial sectors. Its global footprint spans the United States, the United Kingdom, continental European countries, and other international markets. The company's operations are structured into three primary divisions: Food & Beverage Solutions, Sucralose, and Primary Products. Its extensive product line includes texturizers, nutritive sweeteners like high fructose corn syrup and dextrose, health and wellness components, and stabilizers. Additionally, Tate & Lyle provides industrial starches for applications in paper, packaging, and adhesives, as well as acidulants such as citric acid. The firm also deals in commodities, supplying corn gluten feed and meal for animal nutrition, corn oil, and ethanol. Beyond its core product offerings, the company manages treasury and insurance businesses, and invests in research and development services. Established in 1903, Tate & Lyle PLC maintains its headquarters in London, UK.
Tate & Lyle plc is most often compared with the following Consumer Defensive names: