LONDON, Feb (Reuters) - British food ingredients firm Tate& Lyle scaled back its outlook for the full year onThursday after weak sales volume in developed markets dampenedthird-quarter results.
The company, which supplies sweeteners and other ingredientsto packaged food and drink makers, said it expects profit forthe full year to 31 March to be in line with last year, whereasit had earlier forecast growth.
In the third quarter to 31 December, the company said groupadjusted profit before tax was lower than expected due to volumesoftness in developed markets and lower returns fromco-products.