Tate & Lyle's first-half results came hot on the heels of a profit warning in September, so the figures, though bleak, were at least anticipated. They reflect serious operational and supply chain disruption caused by the polar vortex in the US and the temporary shutdown of Tate's Singapore sucralose factory. Tate's logistics cracked under the pressure and it was forced to shell out £31m to get orders to customers, including sending goods by costly air freight.
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