date:Aug 06, 2020
Ingredion has released its results for the second quarter of this year, highlighting how it has managed to pivot its business with virtual solutions to adjust to fluctuations in consumer demand due to COVID-19. Q2 and year-to-date net sales were down from the year-ago period, primarily driven by sales volume declines in North and South America.
In South America, the companys reported and adjusted operating income for the quarter were US$113 million and US$127 million, respectively, decreases of