Ingredion Q4 Profit Down, Results Miss Estimates
date:Feb 08, 2014
ly offset by foreign exchange headwinds. The year-ago quarter included $4 million of sales related to a Chinese joint venture which was sold in 2012. Absent that impact, sales would have increased 3 percent. Operating income rose 17 percent from $23 million to $27 million. The results were particularly good in Thailand and China.

Full year 2013 sales were down slightly as a result of lower volumes and foreign exchange headwinds partially offset by favorable price/mix. The year-ago period inc
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