MGP Ingredients Inc operates in the Flour and other grain mill products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares MGP Ingredients Inc with three other
bakery and confectionary companies in North America:
Balchem Corporation
(2019
sales of $643.71 million
of which 54%
was Human nutrition & health),
Tootsie Roll Industries Incorporated
($527.11 million
of which 100%
was Candy Products), and
Golden Growers Cooperative
($54.30 million
).
Sales Analysis.
MGP Ingredients Inc reported sales of $362.75 million
for the
year ending
December of 2019.
This
represents
a
decrease of 3.5%
versus 2018, when the company's sales were $376.09 million.
Contributing to the drop in overall sales was the 5.4% decline
in Distillery Products, from $314.06 million to $297.23 million.
.
However, these declines were partially offset by the increase in sales of
Ingredient Solutions (up 5.6% to $65.51 million)
.