Tate & Lyle Plc · LSE:TATE
Tate & Lyle — Shareholder Meeting (July 2010)
9 slides from Tate & Lyle's shareholder meeting presentation, Jul 22, 2010
Slide 1: AGM 2010
AGM 2010 22 July 2010
Slide 2: Javed Ahmed, Chief Executive
Javed Ahmed, Chief Executive 22 July 2010
Slide 3: Key Financial Results
Key Financial Results Year ended 31 March 2010 Solid performance given challenging conditions in a number of markets Operating profits of £298m in line with the previous year1,2 Reported net debt reduced by over a third to £814 million Full year dividend maintained at 22.9p, in line with pri
Slide 4: Need for clear choices
Strategic challenges Different markets with different characteristics and different needs – solid competitive position in some areas Need – follower in others for clear Limited exposure to / focus on longer term choices growth avenues and focus Relatively large exposure to commodity markets 4
Slide 5: Clear Focus
Clear Focus What The leading global provider of speciality food ingredients and solutions By… Disciplined focus on growing our speciality food ingredients business – deeper customer understanding, continuous innovation and agility – stronger positions in high growth markets Driving our bulk ingr
Slide 6: Speciality food ingredients − The opportunity
Speciality food ingredients − The opportunity US$30 billion global potential addressable Global Food Ingredients US$30bn market – growing at 5% per annum Regional Split1 Rest of World Increasing customer demand driven by 15% North America strong, underlying consumer trends 30% – health and welln
Slide 7: Speciality food ingredients − why Tate & Lyle can succeed
Speciality food ingredients − why Tate & Lyle can succeed Competitive global market positions1 – #2 speciality food starches Strong – #1 crystalline fructose elements we – #1 high intensity sweeteners can build on Small position in emerging markets but growing strongly Strong relationships wit
Slide 8: Delivering shareholder value
Delivering shareholder value Speciality Bulk Food Ingredients Ingredients Great people Great assets Great customers Deliver sustainable long-term growth and shareholder value 8 © Tate & Lyle 2010
Slide 9: AGM 2010
AGM 2010 22 July 2010