Cash is key for Tate & Lyle.
Investors Chronicle - magazine and web content, November, 2009
Byline: John Hughman
RESULT: Tate & Lyle's new chief executive signals a focus on cash management, even as trading begins to stabilise
Tate & Lyle's chief executive, Javed Ahmed, has only been in his new role for five weeks so, as chairman Sir Peter Gershon pointed out at the sugar producers half-year results presentation, he was never likely to make any big strategic waves this early. "Those of you who've come to hear big momentous announcements, now is the time to leave," joked Mr Gershon.
Even so, after touring the company's operations across the US and Europe, Mr Ahmed identified reducing capital expenditure, optimising working capital and cutting costs as main priorities - although it's fairly obvious that this will be building on the...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
