Tate & Lyle underperforms in third quarter

28th Jan 2010 07:03

Sugar and sweetener manufacturer Tate & Lyle said its third quarter performance was marginally below expectations due to lower sales of industrial products in the Americas. Other operations performed in line with expectations, with sugars delivering improved margins due to a price change on October 1. Tate & Lyle says it expects profits for the full year to be marginally below the previous year's level.

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