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|INGREDION'S UNIQUE VALUE PROPOSITION - A WINNING RECIPE; EXECUTIVES WILL PRESENT AT CAGNY 2018 CONFERENCE|
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.
Investors: Heather Kos, 708-551-2592
Media: Claire Regan, 708-551-2602