INGREDION'S UNIQUE VALUE PROPOSITION - A WINNING RECIPE; EXECUTIVES WILL PRESENT AT CAGNY 2018 CONFERENCE
February 20 2018 - 6:00AM
BOCA RATON, Fla., February 20, 2018 - During a
presentation today at the Consumer Analyst Group of New York
(CAGNY) annual conference, Ingredion Incorporated (NYSE: INGR)
executives will outline the Company's unique value proposition in
the ingredient space, and review its financial performance and
long-term outlook.
President and CEO Jim Zallie will tell the
audience of over 400 analysts that Ingredion's value proposition
represents a winning recipe for addressing current industry
challenges. "Aligned with consumer trends, we know how those trends
impact the landscape. We're customer intimate with a global reach
and local touch. We're an innovation accelerator with expertise in
texture. And we're a reputable, reliable and trusted partner."
Jorgen Kokke, Executive Vice President, Global
Specialties and President, North America, will explain Ingredion's
specialty potential. "Our specialty solutions portfolio plays in a
big space with room to grow. We expect to expand our specialty
sales from the current 28 percent of net sales to 32 - 35 percent
by 2022."
CFO James Gray will highlight the Company's
performance and long-term targets. "We continue to focus upon solid
operating income growth combined with strategic deployment of cash
to reach our long-term objective of low double-digit EPS growth."
The Company's 2018 adjusted EPS guidance is $8.10 - $8.50.
A live webcast of the presentation will be
available on the Company's website, www.ingredion.com, beginning at
11:00 a.m. EST, and subsequently a replay will also be available on
the website.
ABOUT INGREDION
Ingredion Incorporated (NYSE: INGR) is a leading global ingredient
solutions provider. We turn grains, fruits, vegetables and other
plant materials into value-added ingredients and biomaterial
solutions for the food, beverage, paper and corrugating, brewing
and other industries. Serving customers in over 100 countries, our
ingredients make crackers crunchy, yogurts creamy, candy sweet,
paper stronger and add fiber to nutrition bars. Visit Ingredion.com
to learn more.
-more-
CONTACT:
Investors: Heather
Kos, 708-551-2592
Media: Claire
Regan, 708-551-2602
CAGNY press release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Ingredion Incorporated via Globenewswire
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