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 (INGR) is a global leader in plant-based ingredient solutions, serving food, beverage, and industrial markets through continuous innovation. This news hub provides investors and industry professionals with timely updates on Ingredion's operational developments, financial milestones, and market strategies.
Access curated press releases and analysis covering earnings reports, sustainability initiatives, product innovations, and strategic partnerships. Our repository ensures stakeholders stay informed about Ingredion's advancements in clean-label ingredients, starch technologies, and global supply chain developments.
Key updates include regulatory filings, manufacturing expansions, R&D breakthroughs from Idea Labs®, and responses to evolving consumer trends in nutrition. Content is organized for quick scanning while maintaining depth for fundamental analysis.
Bookmark this page for direct access to Ingredion's official communications and third-party analyses vetted for relevance. Check regularly for updates impacting the company's position in the $50B+ global food ingredients market.
Ingredion Incorporated (NYSE: INGR) reported strong second quarter 2024 results and raised its full-year outlook. Key highlights include:
- Adjusted operating income grew 8% to $270 million
- Adjusted EPS increased 24% to $2.87
- Full-year adjusted EPS guidance raised to $9.70-$10.20
- Texture & Healthful Solutions segment saw 8% sales volume growth
- Cost2Compete program achieved $18 million in run-rate savings
The company experienced significant growth, driven by robust customer demand and strong profit growth in Food & Industrial segments. Ingredion deployed strategic capital to support future organic growth in texture solutions and increased its ownership in PureCircle to 98%.
Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, has announced the release date for its 2024 second quarter financial results. The company will disclose its financial performance for the period ended June 30, 2024, before the market opens on Tuesday, August 6, 2024.
Following the release, Ingredion will host a conference call and webcast at 8 a.m. CT on the same day. The call will feature Jim Zallie, president and CEO, and Jim Gray, executive vice president and CFO, who will discuss the company's financial performance. Investors and interested parties can access the webcast live at the company's investor relations website.
Ingredion (NYSE: INGR) has released its 2023 sustainability report, highlighting progress towards its 2030 goals. Key achievements include:
- Reducing absolute Scopes 1 and 2 carbon emissions by 22% from 2019 baseline
- Expanding renewable purchased electricity to 25%
- Promoting regenerative agriculture across 74,000 additional acres
- Advancing sustainable sourcing of Tier 1 priority crops to 66.8%, up nearly 20% from 2022
CEO Jim Zallie emphasized the company's commitment to sustainability, stating that the 2030 targets reflect Ingredion's dedication to planetary care. The report, titled 'Building a Sustainable Future. Together,' aligns with Ingredion's purpose of combining people, nature, and technology to improve life.
Better Juice has announced an expansion of its innovative enzymatic sugar-reduction technology to fruit sorbets, reducing sugar content by 50%-70% and calories by 40%. This breakthrough, based on non-GMO microorganisms, transforms sugars into prebiotic fibers while retaining the natural vitamins and nutrients of the fruits. The company showcased its reduced-sugar sorbets at the IFT Expo in Chicago. Better Juice's technology will be available via small plug-in units for manufacturers or through B2B agreements with US-based juice companies. The company recently received self-affirmed GRAS status from the US FDA, enabling commercial sales in the US, with plans to expand to Europe and other regions. Ingredion Ventures is leading a Series A funding round to support Better Juice's market expansion.
Univar Solutions and Ingredion announced an expansion of their distribution partnership into Germany, Italy, and Switzerland for the food and beverage market.
This collaboration, which has lasted over 30 years, aims to meet increasing consumer demand for healthier, sustainable, and flavorful products.
The partnership will leverage Univar's extensive commercial reach and Ingredion's innovative ingredient portfolio, including starches, plant-based proteins, and stevia sweeteners.
The companies will utilize Univar's Global Solutions Centers, featuring advanced food science and application development, to accelerate product innovation and market responsiveness.
Both companies aim to enhance product performance, customer appeal, and facilitate fat and sugar reduction while maintaining consumer-friendly labeling.
Ingredion Incorporated (NYSE: INGR) has declared a quarterly dividend of $0.78 per share.
This dividend is payable on July 23, 2024, to stockholders of record at the close of business on July 1, 2024.
Ingredion Incorporated reported first quarter 2024 earnings with reported and adjusted EPS of $3.23 and $2.08, respectively. The company completed the sale of its South Korea business, reshaping its portfolio. Ingredion raised its full-year reported EPS guidance to $10.35-$11.00 and adjusted EPS guidance to $9.20-$9.85. Operating income is expected to increase low to mid-single-digits in the second quarter. The company's Driving Growth Roadmap aims at long-term value creation.
LBB Specialties (LBBS) has partnered with Ingredion Incorporated (NYSE: INGR) to distribute personal care products in the U.S. and Canada. This collaboration enhances LBB Specialties' commitment to innovation and sustainability, providing nature-based solutions for clean and sustainable personal care products.
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