Ingredion’s net sales slump, sharp declines in Americas
date:Aug 06, 2020
on from the year-ago period. Meanwhile, year-to-date operating income was US$226 million, a decrease of US$38 million from the year-ago period. For both the quarter and year-to-date, the decrease was driven by significantly lower away-from-home consumption in the US and Canada and the shutdown of breweries in Mexico.

In South America, operating income was US$13 million, a decrease of US$3 million from the year-ago period. The decrease was largely attributable to unfavorable foreign currency imp
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07/08 06:01