Ingredion ( (INGR) ) has released its Q4 earnings. Here is a breakdown of the information Ingredion presented to its investors.
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Ingredion Incorporated, headquartered in Westchester, Illinois, is a global provider of ingredient solutions serving various industries, including food and beverage, animal nutrition, brewing, and industrial markets. The company converts plant-based materials into value-added ingredient solutions, supporting innovation and collaboration with customers worldwide.
Ingredion reported robust financial results for the fourth quarter and full-year 2024, with adjusted earnings per share (EPS) showing notable improvement year-over-year. The company highlighted significant contributions from its Texture and Healthful Solutions segment and strong performance in its Food and Industrial Ingredients segments across the US, Canada, and Latin America.
Key financial metrics from the report include a full-year adjusted EPS of $10.65, up from $9.42 in 2023, and cash from operations reaching $1,436 million, benefiting from favorable changes in working capital as corn costs decreased. Additionally, Ingredion returned $426 million to shareholders in 2024 through dividends and share repurchases. The company’s strategic initiatives, such as the reorganization and the establishment of the Global Texture & Healthful Solutions segment, contributed to its solid performance.
Looking ahead to 2025, Ingredion expects continued growth, with a projected increase in reported and adjusted EPS, estimated to range between $10.75 and $11.55. The company plans to enhance customer collaborations, invest in operational efficiencies, and allocate capital towards organic growth investments, while continuing to return value to shareholders through dividends and share repurchases.
