Trade Ingredion Inc - INGR CFD

Ingredion Company profile

About Ingredion Inc

Ingredion Incorporated is engaged in providing food and industrial ingredient solutions to customers around the world. The Company is principally engaged in the production and sale of starches and sweeteners for a range of industries and is managed geographically on a regional basis. It operates through four segments: North America, South America, Asia-Pacific and Europe, Middle East, and Africa (EMEA). The Company product lines include starches and sweeteners, animal feed products, and edible corn oil. Its starch-based products include both food-grade and industrial starches, and biomaterials. Its sweetener products include glucose syrups, high maltose syrups, high fructose corn syrup, caramel color, dextrose, polyols, maltodextrins, and glucose and syrup solids. The Company's products are derived primarily from the processing of corn and other starch-based materials, such as tapioca, potato, and rice.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Ingredion Inc revenues increased 15% to $6.89B. Net income decreased 66% to $117M. Revenues reflect North America segment increase of 13% to $4.14B, Asia/Pacific segment increase of 23% to $997M, South America segment increase of 15% to $1.06B. Net income was offset by Unallocated segment loss increase from $77M to $375M, Corporate segment loss increase of 9% to $133M.

Equity composition

Common Stock $.01 Par, 03/11, 200M auth., 76,382,114 issd, less 52,182 shs. in Treas. @ 2M Insiders own 0.28% 1/98, 35.5M shares issd. in spin-off from CPC International. Basis: 1 Corn Products per 4 CPC. 1/05, 2-for-1 stock split.