date:May 03, 2013
fficiencies.
Net income of Ingredion in the first quarter was $110.8 million, equal to $1.43 per share on the common stock, up 18% from $94.2 million, or $1.23, during the first quarter last year. Sales were flat, at $1,662.4 million, versus $1,658 million in January-March 2012.
Excluding special charges in the 2012 quarter, Ingredion earnings in the 2013 period were up 12%.