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Mark Karns Joins Ingredion as VP Corporate Development and M&A
GlobeNewswire News Room· 2024-11-13 12:53
Company Leadership and Strategy - Mark Karns appointed as Vice President of Corporate Development and M&A, effective December 2, 2024 [1] - Karns will lead a combined corporate strategy and M&A function to align and optimize Ingredion's strategic growth agenda [2] - Karns brings extensive experience in M&A, capital markets, and consulting, with a proven track record in consumer sectors including food and beverage [3][5] - Karns previously served as global head of M&A at Whirlpool Corporation and executed over 60 M&A and financing transactions during his tenure at Baird [5] Company Overview - Ingredion is a leading global ingredient solutions provider with 2023 annual net sales of approximately $8 billion [7] - The company serves customers in nearly 120 countries and operates Ingredion Idea Labs® innovation centers worldwide [7] - Ingredion transforms grains, fruits, vegetables, and other plant-based materials into value-added ingredient solutions for various markets including food, beverage, and industrial sectors [7] Leadership Vision - Karns aims to help Ingredion achieve its aspiration to be recognized as the go-to provider for texture and healthful solutions that "make healthy taste better" [4]
Ingredion(INGR) - 2024 Q3 - Quarterly Report
2024-11-08 18:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-13397 INGREDION INCORPORATED (Exact name of registrant as specified in its charter) Delaware 22-3514823 (State or other jurisd ...
Ingredion Incorporated 报告第三季度业绩强劲并提高全年展望
GlobeNewswire Inc.· 2024-11-07 12:34
2024 26% 29% 2024 2.83 3.05 20% 31% 10.60 10.90 10.35 10.65 , Nov. 07, 2024 (GLOBE NEWSWIRE) -- Ingredion IncorporatedINGR 2024 Ingredion Jim Zallie " " " 11% " " Cost2Compete " " 2025 ''"Zallie * "GAAP" GAAP "II. GAAP " GAAP GAAP | --- | --- | --- | --- | |------------------------------------------------------------------|-------|-------------|-------------------| | Diluted Earnings Per Share (EPS) \n | | 3Q23 | 3Q24 | | Reported Diluted EPS | | $2.36 Â | $2.83 Â | | Impairment charges | Â | 0.10Â Â | 0.08 ...
Ingredion(INGR) - 2024 Q3 - Earnings Call Transcript
2024-11-05 18:12
Ingredion Incorporated (NYSE:INGR) Q3 2024 Results Conference Call November 5, 2024 9:00 AM ET Company Participants Noah Weiss - Vice President, Investor Relations Jim Zallie - President and Chief Executive Officer Jim Gray - Executive Vice President and Chief Financial Officer Conference Call Participants Ben Theurer - Barclays Kristen Owen - Oppenheimer Josh Spector - UBS Heather Jones - Heather Jones Research Operator Good day, and thank you for standing by. Welcome to the Q3 2024 Ingredion Earnings Conf ...
Ingredion (INGR) Surpasses Q3 Earnings Estimates
ZACKS· 2024-11-05 13:16
Ingredion (INGR) came out with quarterly earnings of $3.05 per share, beating the Zacks Consensus Estimate of $2.58 per share. This compares to earnings of $2.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.22%. A quarter ago, it was expected that this food sweetener, starch and nutritional ingredient company would post earnings of $2.53 per share when it actually produced earnings of $2.87, delivering a surprise of 13.4 ...
Ingredion(INGR) - 2024 Q3 - Quarterly Results
2024-11-05 11:13
Exhibit 99 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 THIRD QUARTER RESULTS AND RAISES FULL-YEAR OUTLOOK • Third quarter 2024 reported and adjusted* operating income increased 26% and 29% compared to prior year • Third quarter 2024 reported and adjusted EPS were $2.83 and $3.05, an increase of 20% and 31%, respectively • Raising guidance for full-year ...
Ingredion to Webcast Industry-First Texture Innovation Day
GlobeNewswire News Room· 2024-10-30 17:48
WESTCHESTER, Ill., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, invites the investment community to join Texture Innovation Day via webcast on November 14, 2024. This novel event will explore the vital role of texture in creating memorable food experiences for consumers and demonstrate how texture solutions drive innovation through functional, taste and affordability benefits. This live event will ...
INGR vs. DANOY: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-10-29 16:40
Investors interested in stocks from the Food - Miscellaneous sector have probably already heard of Ingredion (INGR) and Danone (DANOY) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and ...
Ingredion (INGR) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-29 15:06
Ingredion (INGR) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November ...
Companies partnering to improve plant-based cheese options
GlobeNewswire News Room· 2024-10-17 17:00
Burnaby, B.C., Oct. 17, 2024 (GLOBE NEWSWIRE) -- In the race to meet the growing demand for new protein options, the ability to match the taste, texture, price and nutrition characteristics of their traditional counterparts is key to unlocking new markets around the world. Today, Protein Industries Canada announced a project focused on improving these characteristics in a variety of plant-based cheese products. Project partners Daiya Foods, Ingredion, Ingredion Plant Based Protein Specialties (IPBPS) and Lo ...