Core Viewpoint - Ingredion Incorporated reported record performance for the year 2025, driven by strong results in the Texture & Healthful Solutions segment and solid performance in the Latin America Food & Industrial Ingredients segment, although operations in the U.S./Canada segment faced challenges [1] Financial Performance - For Q4 2025, reported diluted EPS was $2.56, up from $1.43 in Q4 2024, while adjusted diluted EPS was $2.53 compared to $2.63 in Q4 2024 [2][4] - Full-year 2025 reported and adjusted EPS were $11.18 and $11.13, respectively, compared to $9.71 and $10.65 in 2024 [4] - Operating income for Q4 2025 was $220 million, a 36% increase from $162 million in Q4 2024, while full-year operating income rose 15% to $1,016 million [6][41] Segment Performance - The Texture & Healthful Solutions segment reported Q4 2025 net sales of $591 million, a 2% increase from Q4 2024, while full-year sales were $2,397 million, up 1% [9][41] - Latin America Food & Industrial Ingredients segment achieved Q4 2025 net sales of $587 million, a 1% increase, but full-year sales decreased by 4% to $2,341 million [12][41] - U.S./Canada Food & Industrial Ingredients segment saw Q4 2025 net sales drop to $463 million, a 9% decline, with full-year sales down 7% to $2,013 million [14][41] Cash Flow and Capital Management - Operating cash flow for 2025 was $944 million, down from $1,436 million in 2024, reflecting increased working capital investments [19][39] - The company returned $435 million to shareholders through dividends and share repurchases in 2025 [20] 2026 Outlook - For 2026, the company expects reported and adjusted EPS to range between $11.00 and $11.80, with net sales anticipated to grow in the low single digits to mid-single digits [21][22] - The company forecasts operating income to see low single-digit increases, driven by volume growth but partially offset by pricing mix factors [21]
Ingredion Incorporated 公布 2025 年第四季度及全年业绩