LONDON (dpa-AFX) - Tate & Lyle Plc (TATE.L, TATYY.PK) reported that its first half adjusted profit before tax from continuing operations increased to 139 million pounds from 85 million pounds, last year. Adjusted earnings per share was 26.6 pence compared to 21.4 pence.
Profit before tax increased to 68 million pounds from 21 million pounds, last year. Earnings per share from continuing operations was 13.3 pence compared to 2.5 pence.
Revenue from continuing operations was 849 million pounds compared to 656 million pounds, prior year.
For the year ending 31 March 2023, the Group continues to expect: revenue growth reflecting current top-line momentum; and adjusted profit before tax to be in line with current market expectations.
The Board has approved an interim dividend for the six months to 30 September 2022 of 5.4 pence. The dividend will be paid on 4 January 2023 to all shareholders on the Register of Members on 25 November 2022.
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