RE: What's Left ?13 Jul 2021 11:35
Nick Hampton, chief executive of Tate & Lyle, said: “With the pandemic accelerating the trend towards healthier food, now is the right time to focus our business on capturing this growth.”
Tate & Lyle said that the repositioning of the business would result in revenues growing by mid-single digits now that the group was no longer held back by flat growth in its primary products division. The business will still receive a dividend from the joint venture, which will help with cash flow, provide stability and increase the innovation investment in its food solutions division.