Penford Corporation (PENX) - NASDAQ
  • Jan. 9, 2015, 8:00 AM
    • Penford (NASDAQ:PENX) reports gross margin rate rose 233 bps Q/Q and 771 bps Y/Y to 17.51%.
    • Adjusted operating margin rate increased 85 bps Q/Q and 468 bps Y/Y to 6.18%.
    • Segment sales: Food ingredients: $34.16M (+5.62% Q/Q and +19.23% Y/Y); Industrial ingredients: $69.47M (-9.47% Q/Q and -13.80% Y/Y).
    • Segment gross profit: Food ingredients: $10.96M (+121 bps Q/Q and -30 bps Y/Y to 32.07%); Industrial ingredients: $7.19M (+178 bps Q/Q and 857 bps Y/Y to 10.35%).
    • Segment operating income: Food ingredients: $6.89M (+164 bps Q/Q and -261 bps Y/Y to 20.18%); Industrial ingredients: $2.98M (+83 bps Q/Q to 4.29%).
    • FQ1 results
    | Jan. 9, 2015, 8:00 AM
  • Oct. 15, 2014, 3:38 PM
    • Ingredion Incorporated (INGR -0.1%) has agreed to pay $19 per share in cash for Penford (PENX +70.4%), for a total deal value of about $340M.
    • SEACOR Holdings - an owner of about 9.34% of Penford - has signaled its support of the deal, which could close by year-end
    | Oct. 15, 2014, 3:38 PM
  • Oct. 15, 2014, 12:47 PM
    | Oct. 15, 2014, 12:47 PM | 1 Comment
  • Jul. 7, 2014, 12:49 PM
    | Jul. 7, 2014, 12:49 PM
  • Nov. 18, 2013, 12:45 PM
    | Nov. 18, 2013, 12:45 PM | 1 Comment
Company Description
Penford Corp is a developer, manufacturer and marketer of specialty natural-based ingredient systems for food and industrial applications, including fuel grade ethanol.
Industry: Specialty Chemicals
Country: United States