Retrieved from https://studentshare.org/finance-accounting/1404562-tate-lyle-plc-finanical-valuation
https://studentshare.org/finance-accounting/1404562-tate-lyle-plc-finanical-valuation.
Tate & Lyle is one of the fines when it comes to a global provider of ingredients and solutions to the food, beverage, and other industries. The company is a British based agribusiness and is listed on the London Stock Exchange. Owing to its resilient management and state of the art production techniques, the company’s financial outlook appears to be strengthened and it has been a constituent of the FTSE 100 index as of June 20, 2011. The company was formed in 1921 as a result of the merger between the two giant names in the sugar refineries business i.e. Henry Tate & Sons and Abram Lyle and Sons.
Through their state of the art production facilities, the company turns the raw materials into rich and high-quality ingredients for its customers. Through their process, the company adds taste, texture, nutrition, and functionality to various edible items consumed by millions of people all across the globe. The company has been actively involved in exploring other horizons and thus has able to put its footprint in various locations all across the world. Tate & Lyle is now a global business dedicated to serving our customers from over 30 locations worldwide.
The company operates through two global business units – Bulk Ingredients and Specialty Food Ingredients. In Tate & Lyle, each division has its own manufacturing and commercial operations to provide the necessary focus and expertise for customers in their two different and markets. As far as the market share of the company is concerned, food and beverage are the most crucial and significant market of the company which constitutes about 70% of the Group Sales. In addition to the food market, the other market that the company deals with includes industrial, animal feed, and pharmaceutical and personal care.
The company’s primary and foremost agenda is to become the leading provider of specialty food ingredients and solutions. Owing to this particular business strategy, the company is working on a disciplined focus on growing its specialty food ingredients business through deeper customer understanding, continuous innovation, and agility and also through stronger positions in high growth markets.
...Download file to see next pages Read More