Darling International Inc. is a leading global provider of rendering, recycling, and recovery solutions for the food and agriculture industries
The company specializes in converting animal by-products and food waste into valuable products like ingredients for animal feed, renewable diesel, and other useful materials. Through its innovative processes, Darling helps reduce waste and supports sustainable practices by ensuring that organic materials are repurposed effectively, thereby contributing to a circular economy. Their services cater to a wide range of clients, including food processors, restaurants, and agricultural operations, emphasizing both environmental responsibility and economic efficiency.
Darling Ingredients Inc. (NYSEDAR) today reported net income of $101.9 million, or $0.63 per diluted share for the fourth quarter of 2024, compared to net income of $84.5 million, or $0.52 per diluted share, for the fourth quarter of 2023. The company continued its focus on operational excellence, which resulted in gross margin improvement in fourth quarter 2024, compared to third quarter 2024, despite lower fat prices. The company also reported total net sales of $1.4 billion for the fourth quarter of 2024, compared with total net sales of $1.6 billion for the same period a year ago, reflecting lower finished product pricing.
Darling Ingredients Inc. (NYSEDAR), the world’s leading company turning food waste into sustainable products and producer of renewable energy, today announced that the company achieved its first-ever “Prime” status from Institutional Shareholder Services ESG, improved its ESG Corporate Rating to B-, and is ranked in the top 10% of companies within its industry. ISS ESG is the responsible investment arm of proxy advisory firm ISS and conducts regular sustainability rating assessments. Prime status is awarded to companies with an ESG performance well-above sector average.
Southwest Airlines enters SAF supply agreement with Valero. Southwest will purchase a minimum of 3.6 million gallons of neat SAF for use in its operations as early as Q4 2024.
