Tate & Lyle PLC (OTCPK:TATYF)
$ 9.25 -0.6368 (-6.44%) Market Cap: 4.07 Bil Enterprise Value: 4.07 Bil PE Ratio: 11.59 PB Ratio: 2.31 GF Score: 83/100

Q3 2020 Tate & Lyle PLC Trading Statement Call Transcript

Feb 06, 2020 / 08:00AM GMT
Release Date Price: $11.97
Operator

Hello, and welcome to the Tate & Lyle Q3 trading statement with Nick Hampton, Chief Executive; and Imran Nawaz, Chief Financial Officer. My name is Rosie, and I'll be your coordinator for today's events. Please note, this conference is being recorded. (Operator Instructions)

I will now hand you over to Nick Hampton, Chief Executive, to begin today's conference. Thank you.

Nick Hampton
Tate & Lyle plc - Chief Executive & Executive Director

Thank you, operator. Good morning, and welcome to our third quarter conference call. With me is Imran Nawaz, our Chief Financial Officer.

Before Imran and I take your questions, I'd like to make some introductory comments.

Overall, I continue to be pleased with our progress in what has been a challenging external environment. We had another solid quarter with the group's underlying performance consistent with the first half and in line with our expectations.

In Food & Beverage Solutions, adjusted operating profit performance remained strong. Sales in all regions were

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