date:Aug 01, 2012
a 3% gain in sales to $208.1 million from $201.4 million.
In Europe, Middle East, Africa, operating income was $18.8 million, down 13% from $21.7 million a year ago. Net sales totaled $128.1 million, down 9% from $140.3 million in the same period of fiscal 2011.
Ingredion on July 23 said it would restructure its operations in Kenya and close its plant in Eldoret. In line with the announcement, the company recorded an after-tax charge of $4 million.
For the six months ended June 30, overall ne