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Ingredion Be what's next .. Ingredion Incorporated 5 Westbrook Corporate Center Westchester , IL 60154 NEWS RELEASE CONTACTS : Investors : Tiffany Willis , 708-551-2592 Media : Becca Hary , 708-551-2602 • INGREDION INCORPORATED REPORTS SECOND QUARTER 2021 RESULTS Second quarter 2021 reported and adjusted EPS * were $ 2.62 and $ 2.05 , respectively , compared to second quarter 2020 reported and adjusted EPS of $ 0.98 and $ 1.12 , respectively . Year - to - date 2021 reported and adjusted EPS were $ ( 1.01 ) and $ 3.90 , respectively , compared to $ 2.08 and $ 2.72 , respectively , in the year - ago period . Year - to - date reported results reflect a $ 360 million held for sale impairment charge related to the Company's Argentina operations , including $ 311 million of cumulative translation losses . The Company expects full year 2021 adjusted EPS to be in the range of $ 6.45- $ 6.85 . WESTCHESTER , III . , August 3 , 2021 – Ingredion Incorporated ( NYSE : INGR ) , a leading global provider of ingredient solutions to the food and beverage manufacturing industry , today reported results for the second quarter of 2021. The results , reported in accordance with U.S. generally accepted accounting principles ( " GAAP " ) for 2021 and 2020 , include items that are excluded from the non - GAAP financial measures that the Company presents . " We delivered exceptional second quarter performance , resulting in our strongest quarter since 2017 , with reported operating income of $ 222 million , up 96 % versus prior year , and adjusted operating income of $ 208 million , up 64 % versus prior year . In every region , we saw double - digit volume growth from demand recovery across all customer segments , as well as strong specialties growth . Our strong sales execution and price mix management , in a challenging supply chain landscape , mitigated rising corn costs and contributed to our 31 % increase in net sales , ” said Jim Zallie , Ingredion's president and chief executive officer . “ In the quarter and year - to - date , we achieved double - digit growth from our specialty ingredients portfolio . We continue to advance our Driving Growth Roadmap by increasing specialties as a percentage of our net sales and investing in capabilities to enable consumer preferred innovation for our customers . Our integration of KaTech with its customized ingredient systems and our Amyris partnership for breakthrough sugar reduction technology position us well as a long- term supplier of choice for on - trend , nature - based ingredient solutions , ” continued Zallie . " Given the strong and fluctuating demand patterns that we are experiencing from various sectors of our customer base , we are intensely focused on working in close partnership with our customers to meet their changing needs . We are also closely monitoring increases in input costs and taking actions now to manage margins . As we navigate the second half of