Welcome to our dedicated page for Ingredion news (Ticker: INGR), a resource for investors and traders seeking the latest updates and insights on Ingredion stock.
Ingredion Incorporated (NYSE: INGR) is a global ingredient solutions provider that turns grains, fruits, vegetables and other plant-based materials into value-added ingredient solutions for food, beverage, animal nutrition, brewing and industrial markets. Headquartered in the suburbs of Chicago and serving customers in more than 120 countries, the company regularly issues news and updates that reflect its operations, financial performance and strategic priorities.
News about Ingredion often includes quarterly and full-year financial results, earnings guidance and commentary on segment performance. The company reports on the performance of business groupings such as Texture & Healthful Solutions and Food & Industrial Ingredients in regions like U.S./Canada and Latin America, providing insight into volume trends, operating income and regional demand dynamics. Investors and analysts follow these releases to understand how Ingredion’s ingredient solutions portfolio is performing across markets.
Ingredion’s news flow also covers corporate actions such as dividend declarations, stock repurchase program authorizations and credit facility agreements. Announcements have described consecutive annual increases in the quarterly dividend and the approval of stock repurchase programs authorizing the repurchase of shares over multi-year periods. Filings and press releases discuss revolving credit agreements that support the company’s liquidity and capital structure.
In addition, Ingredion issues news about strategic initiatives, leadership and community engagement. Examples include updates on its innovation-driven growth strategy, appointments to executive leadership roles such as the executive vice president for Global Texture & Healthful Solutions, and community-focused efforts like sponsorships and collaborations that align with health and well-being themes. For ongoing coverage of these developments, readers can monitor INGR news to track financial results, capital allocation decisions, regional business trends and corporate announcements related to Ingredion’s global ingredient solutions business.
Ingredion reported 4Q 2021 and full-year results, showing adjusted EPS of $1.09 and $6.67 respectively, down from $1.75 and $6.23 in 2020. The full-year results included a $340 million impairment charge for Argentina operations. Net sales increased by 10% in 4Q, totaling $1.755 billion, while full-year sales grew 15% to $6.9 billion. The company anticipates 2022 adjusted EPS between $6.85 and $7.45, driven by improved pricing strategies and customer demand despite ongoing supply chain challenges.
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Ingredion Incorporated (NYSE: INGR), a leading global ingredient solutions provider, will announce its 2021 fourth quarter and year-end financial results on February 3, 2022, prior to market opening. CEO Jim Zallie and CFO James Gray will discuss the results in a conference call at 8 a.m. CT. The event will be webcast live, and a replay will be available on the company's website. Ingredion serves customers in over 120 countries and reported $6 billion in annual net sales for 2020, providing value-added ingredient solutions across various markets.
Ingredion Incorporated (NYSE: INGR) has announced the election of Chuck Magro to its Board of Directors, effective May 1, 2022. Magro, who is currently the CEO of Corteva Inc., brings extensive experience in agriculture and sustainability. Ingredion’s CEO, Jim Zallie, expressed enthusiasm for Magro's appointment, highlighting his track record in solutions-driven innovation. Magro previously led Nutrien Ltd. and Agrium Inc., overseeing numerous acquisitions. With a robust background in the agriculture sector, he is expected to enhance Ingredion's commitment to growth and value creation.
Ingredion Incorporated has declared a quarterly dividend of $0.65 per share, highlighting its commitment to returning value to shareholders. This dividend is payable on January 24, 2022, to stockholders recorded on January 3, 2022. The company reported 2020 annual net sales of approximately $6 billion, serving customers globally with value-added ingredient solutions across various markets. With around 12,000 employees, Ingredion aims to enhance life through innovation.
Ingredion Incorporated (NYSE: INGR) announced the appointments of Tanya Jaeger de Foras as Senior VP and Chief Legal Officer, effective November 29, and Nancy Wolfe as Senior VP and Chief Human Resources Officer, effective January 24, 2022. Jaeger de Foras brings over 20 years of legal expertise, previously at Whirlpool and Pfizer. Wolfe, with 20 years in HR roles, aims to enhance Ingredion’s culture and talent capabilities. Ingredion, headquartered in Westchester, IL, reported $6 billion in annual net sales in 2020, servicing over 120 countries.
The EVERY Company announced a partnership with Pressed to launch the Pineapple Greens Protein smoothie, featuring their animal-free protein. This first-of-its-kind product will be available in select locations in Los Angeles and New York. The smoothie includes 10g of protein, no added sugar, and is rich in vitamin C. Priced at $7.95, it combines flavors like apple, pineapple, and spinach. EVERY’s innovative protein offers a taste-free alternative to traditional animal proteins while promoting sustainability.
Ingredion reported third quarter 2021 results with adjusted EPS of $1.67, slightly down from $1.77 in 2020. However, the company raised its full-year adjusted EPS outlook to $6.65-$7.00 from $6.45-$6.85. Net sales grew 17% year-over-year to $1.76 billion, driven by strong customer demand. Operating income was reported at $172 million, up 12%, yet adjusted operating income decreased by 9% due to rising corn costs. The company noted significant growth in specialty ingredients and completed the integration of its Argentina operations into the Arcor joint venture.
Ingredion Incorporated (NYSE: INGR) will announce its 2021 third quarter financial results on November 2, 2021, prior to market opening. The results will cover the period ended September 30, 2021. A conference call hosted by Jim Zallie, CEO, and James Gray, CFO, will take place at 8 a.m. CT on the same day to discuss financial performance. Additionally, Tiffany Willis has left the company, with Jason Payant assuming her investor relations responsibilities temporarily. The meeting will be available via webcast, with a replay on the company's website.
The EVERY Company, formerly Clara Foods, launches EVERY ClearEgg™, the world's first animal-free egg protein, aimed at revolutionizing the protein market. The San Francisco-based firm uses precision fermentation to create highly soluble protein solutions, opening doors for various applications in food and beverages. With increasing demand for sustainable food options, this innovative product aligns with market trends. Distribution is supported by Ingredion, a global leader in ingredient solutions, enhancing market reach.