date:Jun 01, 2012
justed operating profit for the year ended March 31 increased to 172 million from 157 million in the previous fiscal year. Improved performance from industrial starches in Europe and strong returns from co-products drove the increase. Fiscal-year sales rose 15% (18% in constant currency) to 2,201 million from 1,915 million. Volumes were down 2%.
Within its Bulk Ingredients division, Tate Lyle in the current fiscal year anticipates improved bulk sweetener margins in both Europe and the United S