WESTCHESTER, Ill., March 11, 2025 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, today announced it has been recognized for the 11th time as one of the 2025 World's Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. "We are proud to be named one of the World's Most Ethical Companies by Ethisphere in 2025. This honor underscores ...

WESTCHESTER, Ill., March 11, 2025 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, today announced it has been recognized for the 11th time as one of the 2025 World’s Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. “We are proud to be named one of the World’s Most Ethical Companies by Ethisphere in 2025. This honor underscores ...

Ingredion Incorporated (NYSE: INGR ) recently reported Q4 results , so I wanted to take a look at the numbers in more detail and give some comments on where the company may be headed this year. The prospects are notMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Anal ...

Company Overview - Ingredion Incorporated is a leading global provider of ingredient solutions, serving customers in over 120 countries with annual net sales of approximately $7.4 billion in 2024 [3] - The company specializes in turning grains, fruits, vegetables, and other plant-based materials into value-added ingredient solutions for various markets, including food, beverage, animal nutrition, brewing, and industrial applications [3] - Ingredion operates innovation centers known as Ingredion Idea Labs® and employs more than 11,000 people globally [3] Investment and Expansion - Ingredion announced a $50 million investment to modernize and expand its Cedar Rapids, Iowa facility, focusing on the production of industrial starches for the packaging and papermaking industries [1][2] - The investment aims to increase capacity and improve production efficiency, positioning Ingredion to better serve the growing demand for functional solutions that meet stringent requirements for strength, biodegradability, and recyclability [2] Market Demand and Commitment - There is a rising demand for stronger natural polymer-based food packaging and functional solutions in the containerboard and papermaking sectors [2] - Ingredion is committed to supporting these industries as they adapt to changing consumer and environmental requirements, contributing to the circular economy of the paper and packaging industries [2]

Financial Performance - Net sales decreased by 9% to $7.4 billion in 2024 from $8.2 billion in 2023, primarily due to unfavorable price mix and foreign exchange impacts[151] - Operating income decreased by 8% to $883 million in 2024 from $957 million in 2023, mainly due to impairment charges from the cessation of operations at multiple manufacturing facilities[151] - Net income attributable to Ingredion increased by 1% to $647 million in 2024, with diluted earnings per share rising to $9.71 from $9.60 in 2023[151] - Gross profit margin improved to 24% in 2024 compared to 21% in 2023, driven by favorable raw material and lower input costs[154] - Restructuring and impairment charges rose significantly to $127 million in 2024 from $11 million in 2023, reflecting the closure of several manufacturing facilities[156] - Cash provided by operating activities increased to $1,436 million in 2024 from $1,057 million in 2023, primarily due to changes in working capital[175] - Cash used for investing activities decreased to $47 million in 2024 from $329 million in 2023, mainly due to proceeds from the sale of the South Korea business[176] - The company reported net income of $654 million in 2024, slightly up from $651 million in 2023[185] - Adjusted EBITDA for 2024 was $1.230 billion, an increase from $1.189 billion in 2023[190] - Total equity increased to $3.823 billion in 2024 from $3.552 billion in 2023[185] Debt and Liquidity - Total debt outstanding was $1.8 billion as of December 31, 2024, with a weighted average interest rate of 4.02%[172] - Total available liquidity was $2.6 billion as of December 31, 2024, consisting of $1.5 billion in domestic liquidity and $1.1 billion in international liquidity[168] - The company’s Net Debt to Adjusted EBITDA ratio improved to 0.7 in 2024, compared to 1.5 in 2023, indicating reduced leverage[192] - Total net debt decreased to $823 million in 2024 from $1.779 billion in 2023[190] - Financing costs decreased by 66% to $39 million in 2024, attributed to the pay down of borrowings under the commercial paper program[157] Tax and Regulatory Matters - The effective income tax rate for 2024 was 26.4%, compared to 24.9% in 2023[189] - The company is subject to ongoing audits and changes in tax laws, which could impact profitability and cash flows[108] - The OECD's discussions on global minimum tax could lead to increased effective tax rates and cash tax payments in future years[110] Employee and Labor Relations - As of December 31, 2024, Ingredion employed approximately 11,200 people, with 33% of U.S. and Canadian employees being union members[59] - Labor relations are critical, as strikes or work stoppages could materially affect business operations[100] Research and Development - The R&D team consists of approximately 500 scientists and engineers working across 30 Ingredion Idea Labs®[52] - The company’s growth is significantly dependent on innovation in products and processes, with R&D efforts critical for market acceptance[78] Market and Economic Conditions - In 2024, approximately 56% of the company's net sales were generated from the food industry, 10% from the beverage industry, 8% from animal nutrition, and 7% from brewing[76] - Economic conditions, including inflation and unemployment, may adversely affect demand for the company's products and access to credit[72] - The company faces risks from changing consumer preferences, particularly regarding health concerns related to sweeteners and genetically modified products, which could negatively impact sales[70] Operational Challenges - The company has experienced challenges in accurately forecasting product demand, which can lead to excess inventory or shortages[75] - The company’s operations are affected by fluctuations in freight and logistics costs, which can impact overall profitability[84] - The company faces operating difficulties at manufacturing facilities, which could adversely affect operating results, financial condition, cash flows, and prospects[87] - The company may experience increased costs and reduced profitability if unable to maintain productivity and reliability of production facilities[89] Environmental and Sustainability Initiatives - The company plans to invest approximately $66 million in environmental facilities and programs in 2025[64] - The company expects to maintain compliance with environmental regulations without incurring material expenses[65] - Climate change and related legal measures may negatively impact the company's operations, including increased costs for raw materials and disruptions in production[90] - The company anticipates substantial costs to comply with new sustainability and climate-related reporting requirements[93] Cybersecurity and IT Risks - The company relies on key information technology systems that are vulnerable to interruptions and security incidents, which could damage its reputation and operations[114] - Cybersecurity threats have increased in frequency and sophistication, posing risks to the company's data security and operational integrity[115] - The company has invested in security measures, but these cannot guarantee absolute protection against cyber threats, which could lead to significant disruptions[117] - Future data security incidents could result in loss of confidential information and disrupt operations, potentially leading to government investigations or litigation[118] - The company may face significant costs related to addressing security vulnerabilities, which could impact sales and critical functions[121] Strategic Growth and Acquisitions - The company has completed several acquisitions and strategic alliances but may face challenges in identifying suitable candidates and achieving anticipated synergies[94] - The company may not have access to sufficient funds for future growth and expansion, potentially impacting its competitiveness and operational results[111] - Increased interest rates could lead to higher borrowing costs for capital expenditures and acquisitions, affecting overall financing strategies[113] Pension and Benefit Costs - The net periodic pension and postretirement benefit cost for all plans was $9 million in 2024, down from $12 million in 2023[203] - The weighted average discount rate for U.S. pension plans increased from 5.00% in 2023 to 5.64% in 2024[204] - A one percentage point decrease in discount rates would increase the accumulated benefit obligation for U.S. pension plans by $27 million[205] - The investment policy for pension plans assumes a long-term rate of return of 5.50% for U.S. plans and approximately 4.58% for Canadian plans[207] - The healthcare cost trend rate assumptions for U.S. plans were set at 8.40% for the next year[208] Dividend and Shareholder Returns - Dividend payments and share repurchases are at the discretion of the Board of Directors and may change based on financial results and liquidity assessments[122] - Material weaknesses in internal control over financial reporting could adversely affect investor confidence and the company's stock price[123]

Ingredion Ventures, Lever VC, and Sucden Ventures join existing key investors to close an $18M funding round.DAVIS, Calif., Feb. 13, 2025 /PRNewswire/ -- Oobli, the first company in the world to successfully build a sweet protein platform, today announced its partnership with Ingredion, a leading global ingredient solutions provider. Together, Oobli and Ingredion will accelerate industry access to great-tasting, affordable and healthier sweetener systems by bringing natural sweetener solutions like stevia a ...

2024 年全年，报告和调整后的*每股收益分别为 9.71 美元和 10.65 美元，相比之下，2023 年全年分别为 9.60 美元和 9.42 美元2024 年全年的经营现金流为 14.36 亿美元，其中约 4 亿美元的增长来自营运资本余额的有利变动，这主要得益于玉米成本下降2024 年，公司向股东返还了 4.26 亿美元，其中股票回购占 2.16 亿美元公司预期 2025 年全年报告和调整后的每股收益将在 10.75 美元至 11.55 美元之间 韦斯特切斯特，伊利诺伊州, Feb. 06, 2025 (GLOBE NEWSWIRE) -- 全球领先的食品和饮料制造业配料解决方案提供商 Ingredion Incorporated（纽约证券交易所代码：INGR）今日公布了其 2024 年第四季度和全年业绩。 Ingredion 总裁兼首席执行官 Jim Zallie 表示：“我们第四季度的财务业绩再创新高，这主要归功于质构与健康解决方案部（以下简称‘T&HS’）销量的持续强劲增长，以及我们在美国/加拿大和拉美地区食品与工业配料部（以下简称‘F&II’）的出色业绩。 我们在 2024 年进行了重组并确立了 ...

Fourth Quarter and Full Year 2024 Earnings Call Jim Zallie President and CEO James Gray Executive Vice President and CFO Option 1 Non-GAAP Financial Measures This presentation provides information about adjusted diluted earnings per share ("adjusted EPS"), adjusted operating income, adjusted effective income tax rate, and other financial measures (collectively, the "non-GAAP financial measures") which are not measurements of financial performance calculated in accordance with U.S. generally accepted account ...

Core Insights - Ingredion Incorporated announced investments exceeding $100 million to enhance efficiency, modernize equipment, and install an energy cogeneration system at its Indianapolis facility [1][2]. Investment and Expansion - The project aims to expand Ingredion's capabilities in delivering texture innovations to growing end markets while enhancing the economic viability and sustainability of the Indianapolis plant [2]. - The upgrades to energy infrastructure are expected to improve operational efficiency and reliability, as well as reduce greenhouse gas emissions [2]. Leadership Statements - Valdirene Evans, senior vice president and president of global texture solutions, stated that these investments will support future customer growth and expand capacity for texture solutions [3]. - Eric Seip, senior vice president of global operations, emphasized that the investments will modernize operations, improve agility in delivering solutions, and enhance energy efficiency and cost competitiveness [3]. Project Timeline - The completion of the project is anticipated in the second half of 2026 [4]. Company Overview - Ingredion, headquartered in the Chicago suburbs, serves customers in over 120 countries and reported annual net sales of approximately $7.4 billion in 2024 [5]. - The company specializes in turning plant-based materials into value-added ingredient solutions for various markets, including food, beverage, and industrial sectors [5].

NEWS RELEASE Ingredion Incorporated 5 Westbrook Corporate Center CONTACTS: Westchester, IL 60154 Investors: Noah Weiss, 773-896-5242 Media: Rick Wion, 708-209-6323 INGREDION INCORPORATED REPORTS STRONG 2024 FOURTH QUARTER AND FULL-YEAR RESULTS WESTCHESTER, Ill., February 4, 2025 – Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage manufacturing industry, today reported its fourth quarter 2024 and full-year 2024 results. "We delivered record Q4 fin ...