Tate & Lyle warns on profit as sweetener price tumbles
date:Feb 14, 2014
soft drinks, in Europe and North America.

Chief Executive Javed Ahmed said on a conference call that he still liked the sucralose business, despite the pricing pressure. In the longer term, he said lower sucralose prices could prompt some food and drink makers to reformulate their products to use sucralose instead of other sweeteners.

Jefferies analyst Alex Howson attributed the stock price drop to likely downgrades to earnings forecasts and renewed weak sentiment on sucralose.

The specialty
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