MGP Ingredients (MGPI) Tops Q4 EPS by 13c

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Go back to MGP Ingredients (MGPI) Tops Q4 EPS by 13c

MGP Ingredients Reports Strong Fourth Quarter and Full Year 2020 Results

February 25, 2021 7:30 AM EST

Full year consolidated sales increased 9.0% from prior year periodFull year operating income increased 14.8%; Adjusted operating income up 20.9%

ATCHISON, Kan., Feb. 25, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today reported results for the fourth quarter and full year ended December 31, 2020.

2020 fourth quarter results compared to 2019 fourth quarter results

Consolidated sales increased 9.1% to $100.9 million, as a result of double-digit growth in both premium beverage alcohol and the Ingredient Solutions... More