Tate & Lyle Income Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	1,985	1,736	1,647	1,751	1,375	1,211
Revenue Growth (YoY)	23.60%	5.40%	-5.94%	27.35%	13.54%	-57.98%
Cost of Revenue	825	825	796	876	696	558
Gross Profit	1,160	911	851	875	679	653
Selling, General & Admin	321	321	265	287	263	258
Amortization of Goodwill & Intangibles	50	42	36	36	24	26
Other Operating Expenses	403	211	260	268	173	149
Operating Expenses	893	660	619	650	516	501
Operating Income	267	251	232	225	163	152
Interest Expense	-51	-35	-22	-29	-23	-22
Interest & Investment Income	11	20	19	12	1	1
Earnings From Equity Investments	-	-	-	-24	-	-
Currency Exchange Gain (Loss)	-1	-1	-	-1	-2	-
Other Non Operating Income (Expenses)	-14	-14	-1	-	-	-
EBT Excluding Unusual Items	212	221	228	183	139	131
Merger & Restructuring Charges	-159	-152	-23	-7	-1	-
Asset Writedown	-	-	-1	-1	-17	-7
Legal Settlements	-	-	-	3	-	-3
Other Unusual Items	5	19	-3	-26	-79	-31
Pretax Income	58	88	201	152	42	90
Income Tax Expense	26	43	41	25	16	1
Earnings From Continuing Operations	32	45	160	127	26	89
Earnings From Discontinued Operations	-	95	28	63	210	164
Net Income to Company	32	140	188	190	236	253
Minority Interest in Earnings	2	3	-	-	-	-
Net Income	34	143	188	190	236	253
Net Income to Common	34	143	188	190	236	253
Net Income Growth	-84.51%	-23.94%	-1.05%	-19.49%	-6.72%	3.26%
Shares Outstanding (Basic)	434	409	397	404	399	398
Shares Outstanding (Diluted)	440	415	404	411	403	402
Shares Change (YoY)	9.26%	2.75%	-1.75%	2.03%	0.21%	-0.26%
EPS (Basic)	0.08	0.35	0.47	0.47	0.59	0.64
EPS (Diluted)	0.08	0.34	0.47	0.46	0.59	0.63
EPS Growth	-85.66%	-26.22%	1.33%	-21.18%	-7.20%	3.72%
Free Cash Flow	58	50	107	-4	-29	235
Free Cash Flow Per Share	0.13	0.12	0.27	-0.01	-0.07	0.58
Dividend Per Share	0.200	0.198	0.191	0.185	0.218	0.359
Dividend Growth	4.17%	3.67%	3.24%	-15.14%	-39.33%	4.05%
Gross Margin	58.44%	52.48%	51.67%	49.97%	49.38%	53.92%
Operating Margin	13.45%	14.46%	14.09%	12.85%	11.86%	12.55%
Profit Margin	1.71%	8.24%	11.42%	10.85%	17.16%	20.89%
Free Cash Flow Margin	2.92%	2.88%	6.50%	-0.23%	-2.11%	19.41%
EBITDA	413	356	304	298	234	298
EBITDA Margin	20.81%	20.51%	18.46%	17.02%	17.02%	24.61%
D&A For EBITDA	146	105	72	73	71	146
EBIT	267	251	232	225	163	152
EBIT Margin	13.45%	14.46%	14.09%	12.85%	11.86%	12.55%
Effective Tax Rate	44.83%	48.86%	20.40%	16.45%	38.09%	1.11%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.