Loading...
•
Dec 31, 2021
Ingredion Q4 2021 Earnings Report
Ingredion reported a 10% increase in net sales, driven by strong double-digit growth in specialties, amidst ongoing macroeconomic and supply chain challenges.
Key Takeaways
Ingredion Incorporated reported a solid performance for Q4 2021, with a 10% increase in net sales driven by strong growth in specialties. The company navigated persistent macroeconomic and global supply chain challenges effectively, focusing on customer partnerships, strategic pricing, and cost savings.
Delivered 10% net sales growth led by strong double-digit specialties growth.
Experienced strong customer demand which heightened pressure on a constrained global supply chain.
Encountered incremental supply chain costs while investing in service delivery to meet customer commitments.
PureCircle is entering 2022 with strong momentum, having finished 2021 with positive operating margins.
Ingredion
Ingredion
Forward Guidance
Ingredion anticipates strong net sales and operating profit growth in 2022. Pricing actions are expected to offset input cost inflation, and specialties are projected to continue strong growth. PureCircle is entering 2022 with strong momentum.
Positive Outlook
- Expects strong net sales and operating profit growth.
- Teams worked with customers to plan for their demand and implemented pricing to reflect input cost inflation.
- Within specialties, anticipates another strong year of growth.
- PureCircle is entering 2022 with strong momentum, having finished 2021 with positive operating margins.