date:May 30, 2014
we think these results are, overall, encouraging, Citi said in a note.
Tate Lyle is trying to increase its exposure to higher-margin products like specialty ingredients and higher-growth emerging markets of Latin America and Asia.
It is seen as one of the suitors for German drink and food flavours maker Wild, which is being put up for sale by its owners, the son of its founder and U.S. investment firm KKR , at a time that consumers are showing more interest in products with natural flavours