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Ingredion Inc (INGR.N)

INGR.N on New York Stock Exchange

96.84USD
20 Jul 2018
Change (% chg)

$0.19 (+0.20%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Ingredion Announces $125 Mln Cost Savings Program To Drive Further Operational Efficiency
Thursday, 12 Jul 2018 

July 12 (Reuters) - Ingredion Inc ::INGREDION ANNOUNCES $125 MILLION COST SAVINGS PROGRAM TO DRIVE FURTHER OPERATIONAL EFFICIENCY; ANNOUNCES PRELIMINARY SECOND QUARTER EPS AND REVISES ADJUSTED EPS GUIDANCE.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $7.50 TO $7.80.SEES Q2 2018 ADJUSTED EARNINGS PER SHARE $1.63 TO $1.68.SEES Q2 2018 EARNINGS PER SHARE $1.51 TO $1.59.INGREDION - REMAINS ON TARGET TO GROW ITS SPECIALTY PORTFOLIO BUSINESS TO $2 BILLION IN ANNUAL SALES BY 2022, COMPRISING 32 TO 35 PERCENT OF NET REVENUE.INGREDION - WILL CEASE WET-MILLING OPERATIONS AT ITS STOCKTON, CALIFORNIA FACILITY AND ESTABLISH A SHIPPING DISTRIBUTION STATION BY YEAR-END 2018.ON TARGET TO GROW SPECIALTY PORTFOLIO TO $2 BILLION IN ANNUAL SALES BY 2022, COMPRISING 32-35 PERCENT OF NET REVENUE.INGREDION - ACCELERATES COST SMART SAVINGS PROGRAM BY ESTABLISHING $125 MILLION TARGET BY YEAR-END 2021 THROUGH REDUCTION OF COST OF SALES & SG&A EXPENSES.EXPECTS SAVINGS TO BE REALIZED BEGINNING IN 2018.FY2018 EARNINGS PER SHARE VIEW $7.92 -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE VIEW $1.92 -- THOMSON REUTERS I/B/E/S.  Full Article

Ingredion Announces Promotion Of Jim Zallie to CEO
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Ingredion Inc ::PROMOTION OF JIM ZALLIE TO PRESIDENT AND CEO ON JANUARY 1, 2018.ZALLIE IS CURRENTLY EXECUTIVE VICE PRESIDENT, GLOBAL SPECIALTIES AND PRESIDENT, AMERICAS.EFFECTIVE FEB 5, 2018, JORGEN KOKKE WILL BE PROMOTED TO EXECUTIVE VP, GLOBAL SPECIALTIES, AND PRESIDENT, NORTH AMERICA.  Full Article

INGREDION REPORTS Q3 ADJUSTED EARNINGS PER SHARE $2.21
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Ingredion Inc ::Q3 ADJUSTED EARNINGS PER SHARE $2.21.‍Q3 REPORTED EPS $2.26.FY2017 EARNINGS PER SHARE VIEW $7.59 -- THOMSON REUTERS I/B/E/S.REG-INGREDION INCORPORATED REPORTS SOLID THIRD QUARTER 2017 RESULTS.SEES FY 2017 ADJUSTED EARNINGS PER SHARE $7.65 TO $7.80.Q3 EARNINGS PER SHARE VIEW $2.02 -- THOMSON REUTERS I/B/E/S.INGREDION INC - QTRLY NET SALES $1,485 MILLION VERSUS $1,489 MLN‍​.Q3 REVENUE VIEW $1.51 BILLION -- THOMSON REUTERS I/B/E/S.INGREDION INC - IN 2017, CASH GENERATED BY OPERATIONS IS NOW EXPECTED TO BE IN THE RANGE OF $750 MILLION TO $775 MILLION‍​.  Full Article

Ingredion Inc declares quarterly dividend of $0.60/share, an increase of $0.10/share
Friday, 15 Sep 2017 

Sept 15 (Reuters) - Ingredion Inc :Ingredion Incorporated declares quarterly dividend of $0.60 per share, an increase of $0.10 per share.  Full Article

Ingredion to buy rice starch & flour business in Thailand
Wednesday, 17 Aug 2016 

Ingredion Inc: Ingredion to acquire rice starch & flour business in Thailand . Details of transaction have not been disclosed .Definitive agreement to acquire rice starch and rice flour business from Sun Flour Industry Co, Ltd. based in Banglen, Thailand.  Full Article

BRIEF-Ingredion Q1 Adj. EPS $1.94

* Q1 EARNINGS PER SHARE VIEW $1.89 -- THOMSON REUTERS I/B/E/S