Ingredion Inc at BMO Capital Markets Global Farm to Market Conference Transcript

May 17, 2023 / 12:45PM GMT
Andrew Strelzik - BMO Capital Markets Equity Research - Restaurants Analyst

I'm pleased to introduce Ingredion for our next discussion. Ingredion is executing a transformation to a more value-added ingredient company that is contributing to strong and more consistent performance. This progress has taken place despite one of the most challenging operating environments, which Ingredion navigated, in part as it implemented improvements to its pricing and risk management strategies.

Over the next 2 to 3 years, Ingredion expects to increase specialty ingredient sales from 34% of its mix to over 40% as it continues to invest in its specialty portfolio.

We're happy to have Ingredion CFO, Jim Gray, with us today. We appreciate you being here. I'll hand it over to you for some opening comments.

James Derek Gray - Ingredion Incorporated - Executive VP & CFO

Great. Great. Yes, this is like starting one of my leadership meetings, right? Just everybody just keeps talking. It's like a gaggle of geese, right?

So I'm Jim Gray. I'm with Ingredion

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