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 (NYSE: INGR) and Lantmännen have announced a strategic partnership to develop plant-based proteins, initially focusing on pea protein isolates for the European market. Lantmännen will invest over 100 million euros in a new factory in Sweden, scheduled for completion in 2027. The collaboration combines Ingredion's market reach and process expertise with Lantmännen's production capabilities to deliver sustainably sourced pea protein isolates. This partnership aims to strengthen Ingredion's position in the European market and expand their global leadership in plant-based proteins.
Ingredion (NYSE: INGR) has appointed Mark Karns as vice president of corporate development and M&A, effective December 2, 2024. Reporting to CEO Jim Zallie, Karns will lead the combined corporate strategy and M&A function to optimize Ingredion's strategic growth agenda. Karns joins from Whirlpool , where he served as global head of mergers and acquisitions. His previous experience includes roles at Baird, where he executed over 60 M&A and financing transactions, Boston Consulting Group, and Goense Bounds & Partners.
Ingredion (NYSE: INGR) reported strong Q3 2024 results with reported and adjusted operating income increasing 26% and 29% respectively. The company achieved its highest-ever third quarter operating income performance, with reported EPS of $2.83 and adjusted EPS of $3.05, marking increases of 20% and 31%. Texture & Healthful Solutions showed 11% sales volume growth, particularly strong in U.S. markets. Based on strong performance across all segments, Ingredion raised its full-year guidance, now expecting reported EPS of $10.60-$10.90 and adjusted EPS of $10.35-$10.65.
Ingredion (NYSE: INGR) announces its first-ever Texture Innovation Day, scheduled for November 14, 2024, from 9:00 AM to 10:30 AM ET. The event will be webcast from the Idea Labs® Global Innovation Center in Bridgewater, New Jersey. This pioneering presentation will showcase how texture solutions drive innovation in food and beverage through functional, taste, and affordability benefits.
The event aims to demonstrate the important role of texture in creating memorable food experiences for consumers. Investment community members can register through Ingredion's newsroom, with preregistration recommended 10 minutes before the start. A replay will be available on the company's website and archived for one year.
Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, has announced the release of its 2024 third quarter financial results on November 5, 2024. The results, covering the period ended September 30, 2024, will be released before the market opens.
Following the release, Jim Zallie, president and CEO, and Jim Gray, executive vice president and CFO, will host a conference call at 8 a.m. CT to discuss the company's financial performance. The call will include an accompanying slide presentation and will be webcast live on the company's investor relations website. Participants are advised to log on approximately 10 minutes before the presentation starts. A replay of the presentation will be available on Ingredion's website after the event.
Ingredion Incorporated (NYSE: INGR) has announced a quarterly dividend of $0.80 per share on its common stock. The dividend will be payable on October 22, 2024, to stockholders of record as of the close of business on October 1, 2024. This marks the tenth consecutive year that Ingredion's board has approved a quarterly dividend increase in the third quarter, demonstrating the company's commitment to returning value to shareholders. The consistent dividend growth reflects Ingredion's financial stability and confidence in its long-term business prospects.
Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, has been named a finalist for the National Safety Council's (NSC) Green Cross for Safety® awards in the 'Safety Excellence' category. This recognition highlights Ingredion's outstanding commitment to safety and health, innovative approaches to awareness, and comprehensive employee engagement.
In 2023, Ingredion achieved record lows in recordable and lost time incidents, operating at world-class levels of safety and performance. The company's 'Care First' culture and zero-injury mindset have empowered its 12,000 employees to take an active role in safety, both in the workplace and at home. The winners of the NSC awards will be announced on September 16.
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.
