Ingredion Inc (INGR) Q1 2021 Earnings Call Transcript
INGR earnings call for the period ending March 31, 2021.
Source: msn.com
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Ingredion Incorporated Reports Fourth Quarter and Full-Year 2020 Results
Operating income Fourth quarter operating income was $29 million, up $1 million from the year-ago period. The increase was largely attributable to lower input costs and favorable price mix. Full-year operating income was $102 million, an increase of $3 million from prior year. The increase was largely attributable to Pakistan pricing actions, strong EMEA specialty sales, and lower operating expenses in Europe. This increase was partially offset by the impacts of stay-at-home orders on Pakistan sales volume in the first half and negative Pakistan foreign currency impacts. Excluding foreign cur...
Source: einnews.com