Significant EPS and Operating Income Growth
Ingredion achieved significant double-digit adjusted EPS and operating income growth, driven by strong sales volume growth in Texture and Healthful Solutions and operational execution.
Texture and Healthful Solutions Performance
The Texture and Healthful Solutions segment delivered a robust 34% increase in operating income, driven by strong sales volume across all geographies and solutions for clean label and affordable formulations.
Strong Performance in LATAM and U.S./Canada Segments
LATAM's double-digit operating income growth was driven by the stability of the Argentine peso, favorable market mix, and lower costs, while the U.S./Canada segment exceeded expectations with a 26% year-over-year increase in operating income.
Gross Margin Expansion
Gross profit dollars grew 12% with margins up 350 basis points to 25.7%, reflecting effective contracting and cost management.
Recognition and Awards
Ingredion was named to Fortune’s World’s Most Admired Companies and Ethisphere's World’s Most Ethical Companies, highlighting its commitment to excellence, integrity, and sustainability.