MGP Ingredients Inc (NAS:MGPI)
$ 45.48 0.28 (0.62%) Market Cap: 992.29 Mil Enterprise Value: 1.27 Bil PE Ratio: 9.40 PB Ratio: 1.08 GF Score: 76/100
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MGP Ingredients Inc Annual Shareholders Meeting Transcript

May 23, 2019 / 03:00PM GMT
Release Date Price: $63.52 (-2.05%)
Karen L. Seaberg
MGP Ingredients, Inc. - Chairperson

Before we start today, there may be a tornado siren. If it is, don't think you need to take cover. It's just a practice in case we have something tonight.

Good morning, ladies and gentlemen, and welcome to 2019 Annual Meeting of Shareholders of MGP Ingredients. I am Karen Seaberg, Chair of the Board of Directors of the company. In accordance with the company's bylaws, I will be presiding over this meeting. This meeting is being webcast live and will be archived and available in the Investor page of the company's website, mgpingredients (sic) [mgpingredients.com]. We are grateful to have you with us whether you are here in person or you are participating through the webcast.

2018 was a testament to the long-term strategy of the Board and the Executive team and the one they put in place. The first half of the year challenged us with financial results that were lower than expected, yet the outstanding collaboration across the organization right down to every employee was a solid execution against the strategic plan providing a second

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