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Prices & Quotes - UK Markets - Tate & Lyle (TATE)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 650.60p
Change Today:
-3.20p
Market Cap:
3,047.55m
Sector:
Food Producers & Processors

Fundamentals - based on IFRS

  (Millions) (Millions) (Millions) (Millions) (Millions)
Income Statement 31-Mar-20 31-Mar-19 31-Mar-18 31-Mar-17 31-Mar-16
Continuing Operations          
Revenue 2,882.00 2,755.00 2,710.00 2,753.00 2,355.00
Operating Profit/(Loss) 296.00 236.00 290.00 233.00 127.00
Net Interest (28.00) (26.00) (32.00) (32.00) (29.00)
Profit Before Tax 296.00 240.00 286.00 233.00 126.00
Profit After Tax 245.00 181.00 263.00 255.00 121.00
Discontinued Operations          
Profit After Tax n/a n/a 2.00 1.00 42.00
PROFIT FOR THE PERIOD 245.00 181.00 265.00 256.00 163.00
Attributable to:          
Equity Holders of Parent Company 245.00 181.00 265.00 256.00 163.00
Minority Interests n/a n/a n/a n/a n/a
           
Total Dividend Paid cn/a cn/a cn/a cn/a cn/a
Retained Profit/(Loss) for the Financial Year cn/a cn/a cn/a cn/a cn/a
           
Continuing EPS          
Earnings per Share - Basic 52.80p 39.20p 57.00p 55.00p 26.10p
Earnings per Share - Diluted 52.10p 38.60p 56.10p 54.20p 25.90p
Earnings per Share - Adjusted 58.60p 52.80p 50.30p 47.80p 34.70p
Continuing and Discontinued EPS          
Earnings per Share - Basic 52.80p 39.20p 57.40p 55.20p 35.10p
Earnings per Share - Diluted 52.10p 38.60p 56.50p 54.40p 34.80p
Earnings per Share - Adjusted 58.60p 52.80p 50.30p 47.80p 34.70p
           
Dividend per Share 29.60p 29.40p 28.70p 28.00p 28.00p
  (Millions) (Millions) (Millions) (Millions) (Millions)
Balance Sheet 31-Mar-20 31-Mar-19 31-Mar-18 31-Mar-17 31-Mar-16
Assets          
Non-Current Assets          
Property, Plant & Equipment 1,190.00 982.00 965.00 1,061.00 926.00
Intangible Assets 340.00 342.00 360.00 401.00 390.00
Investment Properties n/a n/a n/a n/a n/a
Investments 154.00 161.00 85.00 96.00 85.00
Other Financial Assets 1.00 n/a 45.00 45.00 40.00
Other Non-Current Assets 34.00 212.00 188.00 143.00 49.00
  1,719.00 1,697.00 1,643.00 1,746.00 1,490.00
Current Assets          
Inventories 456.00 434.00 419.00 441.00 389.00
Trade & Other Receivables 323.00 325.00 294.00 291.00 301.00
Cash at Bank & in Hand 271.00 285.00 190.00 261.00 317.00
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 82.00 52.00 25.00 32.00 57.00
  1,132.00 1,096.00 928.00 1,025.00 1,064.00
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 2,851.00 2,793.00 2,571.00 2,771.00 2,554.00
           
Liabilities          
Current Liabilities          
Borrowings 40.00 224.00 16.00 88.00 200.00
Other Current Liabilities 468.00 457.00 386.00 399.00 450.00
  508.00 681.00 402.00 487.00 650.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 682.00 373.00 554.00 604.00 556.00
Provisions 53.00 66.00 57.00 42.00 34.00
Other Non-Current Liabilities 209.00 184.00 191.00 306.00 285.00
  944.00 623.00 802.00 952.00 875.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,452.00 1,304.00 1,204.00 1,439.00 1,525.00
           
Net Assets 1,399.00 1,489.00 1,367.00 1,332.00 1,029.00
           
Capital & Reserves          
Share Capital 117.00 117.00 117.00 117.00 117.00
Share Premium Account 406.00 406.00 406.00 406.00 406.00
Other Reserves 247.00 225.00 167.00 261.00 135.00
Retained Earnings 629.00 741.00 677.00 548.00 370.00
Shareholders Funds 1,399.00 1,489.00 1,367.00 1,332.00 1,028.00
           
Minority Interests/Other Equity n/a n/a n/a n/a 1.00
Total Equity 1,399.00 1,489.00 1,367.00 1,332.00 1,029.00
Cash Flow 31-Mar-20 31-Mar-19 31-Mar-18 31-Mar-17 31-Mar-16
Net Cash Flow From Operating Activities 385.00 330.00 286.00 298.00 188.00
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (129.00) (111.00) (102.00) (114.00) 86.00
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (273.00) (140.00) (232.00) (272.00) (166.00)
Net Increase/Decrease In Cash (17.00) 79.00 (48.00) (88.00) 108.00
Ratios - based on IFRS 31-Mar-20 31-Mar-19 31-Mar-18 31-Mar-17 31-Mar-16
Continuing Operations          
PE Ratio - Adjusted 11.2 13.7 10.8 16.0 16.7
PEG - Adjusted 1.0 2.7 2.2 0.4 2.4
Earnings per Share Growth - Adjusted 11% 5% 5% 38% 7%
Dividend Cover 1.98 1.80 1.75 1.71 1.24
Revenue per Share 620.85p 595.55p 578.54p 587.72p 502.75p
Pre-Tax Profit per Share 63.77p 51.88p 61.06p 49.74p 26.90p
Operating Margin 10.27% 8.57% 10.70% 8.46% 5.39%
Return on Capital Employed 17.67% 14.70% 19.46% 15.92% 10.85%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 11.2 13.7 10.8 16.0 16.7
PEG - Adjusted 1.0 2.7 2.2 0.4 2.4
Earnings per Share Growth - Adjusted 11% 5% 5% 38% 7%
Dividend Cover 1.98 1.80 1.75 1.71 1.24
           
Dividend Yield 4.5% 4.1% 5.3% 3.7% 4.8%
Dividend per Share Growth 0.68% 2.44% 2.50% n/a n/a
Operating Cash Flow per Share 82.94p 71.34p 61.06p 63.62p 40.13p
Cash Incr/Decr per Share (3.66p) 17.08p (10.25p) (18.79p) 23.06p
Net Asset Value per Share (exc. Intangibles) 228.13p 247.95p 214.98p 198.75p 136.42p
Net Gearing 32.24% 20.95% 27.80% 32.36% 42.70%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.