BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Tate & Lyle (TATE.L, TATYY.PK) confirmed that the Group's outlook for the year ending 31 March 2019, as communicated on 24 May 2018, is unchanged, being that growth in earnings per share in constant currency is expected to be in a mid-single digit range, albeit towards the lower end due to energy and transport cost inflation in North America and a strong year of Commodities performance in fiscal 2018.
Nick Hampton, Chief Executive, said: 'By focusing on our three priorities of 'Sharpen, Accelerate, Simplify' we believe we can realise the growth potential of our business and, over time, grow earnings per share, improve organic return on capital employed, and deliver strong cash generation to support our progressive dividend policy.'
The Group said it will deliver greater productivity by simplifying the business and the way it works to generate $100 million in productivity benefits over four years.
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