Ingredion(US:INGR) Globenewswire·2025-11-06 13:07Core Insights - Ingredion Incorporated reported a decline in both net sales and adjusted earnings per share (EPS) for Q3 2025 compared to Q3 2024, with reported EPS at $2.61 and adjusted EPS at $2.75, down from $2.83 and $3.05 respectively [2][4][22] Financial Performance - Net sales for Q3 2025 were $1.816 billion, a decrease of 3% from $1.870 billion in Q3 2024, primarily due to changes in pricing mix and reduced sales volume in the Food & Industrial Ingredients segments [6][40] - Reported operating income for Q3 2025 was $249 million, down 7% from $268 million in Q3 2024, while adjusted operating income was $254 million, a 10% decrease from $282 million [9][40] - The company expects full-year 2025 reported EPS to be in the range of $11.11 to $11.31, and adjusted EPS to be between $11.10 and $11.30 [4][22] Segment Performance - The Texture & Healthful Solutions segment saw a slight increase in net sales to $605 million, up 1% from $600 million in Q3 2024, driven by strong growth in clean label ingredient solutions [10][40] - The Food & Industrial Ingredients segment in Latin America reported net sales of $585 million, a decline of 6% from $620 million in Q3 2024, attributed to weak demand in the brewing industry and overall consumer demand [13][40] - The U.S./Canada Food & Industrial Ingredients segment experienced a 7% decrease in net sales to $507 million, down from $548 million in Q3 2024, primarily due to production challenges following a fire at a major manufacturing facility [15][40] Strategic Outlook - The company plans to continue investing in organic growth opportunities and acquisitions to enhance its Texture & Healthful Solutions portfolio [4][21] - Ingredion aims to return capital to shareholders through dividends and share repurchases, having paid $54 million in dividends in Q3 2025 [21][23] - The company anticipates low to mid-single-digit growth in both reported and adjusted operating income for the full year 2025 [22][24]