Ingredion

Q2 Results Q/Q Comparison:

  • Revenues were flat at $1.46B (increased 5% constant currency)
  • GAAP Diluted EPS increased 7% to $1.58
    • Adjusted EPS increased 13% to $1.73
  • Adjusted operating income increased 17% to $211M
  • Gross profit margin of 24.4%, up from 22.0%
  • Sales by region:
    • North America increased 3%
    • South America decreased 4%
    • Asia Pacific decreased 6%
    • EMEA increased 2%
  • At quarter end, cash of $507M and total debt of $1.83B
  • Updated Full-year 2016 Guidance:

    • Adjusted EPS of $6.70 to $6.90 (includes currency headwinds of $0.25 to $0.35)
    • Operating cashflow between $725M to $775M
    • Capital Expenditures of approximately $300M

    Stock Price: $133
    Market Capitalization: $9.6 billion

    July 28, 2016

     

     

     


     


 

Menu byMilonic