Oct 1 (Reuters) - British food ingredients maker Tate & Lyle Plc (TATE.L) , opens new tab, one of the world's biggest producers of sweeteners, warned on Wednesday that its annual profit and revenue would fall due to a slowdown in demand in the Americas, its key market.

Tate & Lyle now expects its revenue and adjusted core profit for the year ending March 31, 2026, to decline by low-single digits. The company had previously guided for revenue growth of at least or just below 4% to 6% and profit growth ahead of sales.

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The ingredient supplier to Splenda, a non-sugar sweetener that goes into Diet Coke and other sugar-free drinks, said there was a slowdown in market demand, particularly in the last two months.

The London-listed firm reported annual revenue of 2.12 billion pounds ($2.86 billion) in fiscal 2025, and adjusted core earnings of 446 million pounds.

($1 = 0.7431 pounds)

https://www.reuters.com/world/uk/sweetener-maker-tate-lyle-expects-annual-profit-drop-tepid-demand-2025-10-01/