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WESTCHESTER, Ill. (AP) — WESTCHESTER, Ill. (AP) — Ingredion Inc. (INGR) on Wednesday reported fourth-quarter profit of $114 million.
The Westchester, Illinois-based company said it had profit of $1.71 per share. Earnings, adjusted for non-recurring gains, came to $1.65 per share.
The food sweetener, starch and nutritional ingredient company posted revenue of $1.99 billion in the period.
For the year, the company reported profit of $492 million, or $7.34 per share. Revenue was reported as $7.95 billion.
Ingredion expects full-year earnings in the range of $7.70 to $8.40 per share.
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