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Ingredion Announces $125 Million Cost Savings Program to Drive Further Operational Efficiency; Announces Preliminary Second Quarter EPS and Revises Adjusted EPS Guidance

Written by ACN Newswire

Ingredion Announces $125 Million Cost Savings Program to Drive Further Operational Efficiency; Announces Preliminary Second Quarter EPS and Revises Adjusted EPS Guidance

- The Company accelerates Cost Smart savings program by establishing a $125 million target by year-end 2021 through reduction of Cost of Sales and SG&A expenses.- Cost Smart supply chain initiatives encompass future network optimization and today the Company announces the cessation of wet-milling at its Stockton, California facility by the end...

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Ingredion Announces $125 Million Cost Savings Program to Drive Further Operational Efficiency; Announces Preliminary Second Quarter EPS and Revises Adjusted EPS Guidance

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