Ingredion’s net sales slump, sharp declines in Americas
date:Aug 06, 2020
pact of stay-at-home orders on sales volume, partially offset by improved tapioca margins and lower operating expenses. Excluding foreign currency impacts, segment operating income was flat for both the quarter and year-to-date.

In Europe, Middle East and Africa (EMEA), operating income was US$21 million, down US$2 million from the year-ago period. The decrease was largely attributable to stay-at-home orders impacting production and sales in Pakistan, partially offset by strong pricing actions
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07/06 20:04