Financial Performance - Q2 2025 - Net sales decreased by 2% from $1.878 billion in Q2 2024 to $1.833 billion in Q2 2025[32] - Gross profit increased by 7% from $446 million in Q2 2024 to $477 million in Q2 2025[32] - Gross profit margin increased by 230 basis points, from 23.7% in Q2 2024 to 26.0% in Q2 2025[32] - Reported operating income increased by 13% from $240 million in Q2 2024 to $271 million in Q2 2025[32] - Adjusted operating income increased by 1% from $270 million in Q2 2024 to $273 million in Q2 2025[32] - Reported diluted EPS increased from $2.22 in Q2 2024 to $2.99 in Q2 2025, an increase of $0.77 per share[32] - Adjusted diluted EPS remained flat at $2.87 in both Q2 2024 and Q2 2025[32] Financial Performance - Year-to-Date (YTD) 2025 - Net sales decreased by 3% from $3.760 billion in YTD 2024 to $3.646 billion in YTD 2025[41] - Adjusted operating income increased by 12% from $486 million in YTD 2024 to $546 million in YTD 2025[14,41] - Adjusted diluted EPS increased by $0.88 per share, from $4.96 in YTD 2024 to $5.84 in YTD 2025[41,42] Full Year 2025 Outlook - The company expects net sales to be flat[45] - The company expects adjusted EPS to be between $11.10 and $11.60[45] - The company expects cash from operations to be between $825 million and $950 million[45]
Ingredion(INGR) - 2025 Q2 - Earnings Call Presentation