Too Early to Discuss the Use of Deal Proceeds, Says Tate & Lyle CEO

The transcript discusses the company's market guidance, highlighting strong performance despite challenges. It covers consumption trends, taxation impacts, and strategic progress, including acquisitions and EPS growth. The company is exploring investment opportunities to enhance its business strategy, focusing on specialty ingredients and expanding its footprint. Corn price management is also addressed, with strategies to mitigate short-term impacts.

What was the company's EPS growth during the pandemic?

• 15%

• 12%

• 10%

• 8%

How is the company planning to handle the shift from in-home to out-of-home consumption?

• By reducing production

• By balancing their portfolio

• By focusing solely on in-home products

• By increasing prices

What is the company's approach to managing the expected tax rate increase?

• Seeking tax exemptions

• Raising product prices

• Accepting it as a normalization

• Implementing cost-cutting measures

What is the company's strategy regarding the primary products business?

• Shutting down operations

• Outsourcing production

• Maintaining a controlling stake

• Selling the entire business

How does the company mitigate the impact of rising corn prices?

• By increasing product prices

• By switching to alternative grains

• By locking corn prices in contracts

• By reducing corn usage