Welcome to our dedicated page for Andersons news (Ticker: ANDE), a resource for investors and traders seeking the latest updates and insights on Andersons stock.
The Andersons, Inc. (Nasdaq: ANDE) is a North American agriculture company active in agribusiness and renewables, and its news flow reflects developments across grain markets, renewable fuels, and corporate strategy. This page aggregates ANDE news items drawn from company press releases and regulatory disclosures, giving readers a centralized view of how the business evolves over time.
Recent news about The Andersons includes announcements of quarterly and annual financial results, where the company reports segment performance for agribusiness and renewables and discusses factors such as grain market conditions, ethanol demand, and the impact of renewable fuel tax credits. Earnings releases often highlight pretax income, adjusted results, cash flows, and commentary from management on operating performance and market fundamentals.
Corporate and strategic updates are another key category of ANDE news. The company has announced a strategic growth framework at its Investor Day, including investments in its Clymers, Indiana, ethanol plant to increase capacity, expansion of its export terminal at the Port of Houston to support soybean meal and grain exports, and integration of Skyland Grain assets. News items also cover capital allocation priorities, such as the acquisition of the remaining ownership interest in The Andersons Marathon Holdings LLC, and the company’s long-standing practice of paying consecutive quarterly cash dividends.
Governance and leadership developments feature in the news as well, including the election of new directors to the board and the appointment of senior executives in legal and corporate roles. Investors can also find announcements about upcoming conference presentations, Investor Day events, and webcasts where management provides additional detail on strategy and financial objectives. For readers following ANDE, this news page offers an organized feed of company-specific updates related to agriculture, grain merchandising, and renewable fuels.
The Andersons, Inc. (Nasdaq: ANDE) reported strong Q2 2021 financial results, with net income of $43.5 million, or $1.30 per diluted share, marking a significant year-over-year increase. Adjusted EBITDA reached record levels at $118.1 million, up $48.1 million from last year. Key segments contributing to this success included Trade, Ethanol, and Plant Nutrient, with pretax incomes of $14.1 million, $23.5 million, and $24.0 million respectively. The company also reduced its long-term debt by over $69 million and maintains solid liquidity, positioning itself favorably for future growth.
The Andersons, Inc. will publish its second-quarter financial results on August 3, 2021, after 4 p.m. EDT. A subsequent webcast to discuss these results will take place on August 4, 2021, at 11 a.m. EDT. Participants can join by phone or through a webcast link. Founded in 1947 and based in Maumee, Ohio, The Andersons operates in agriculture, commodity trading, ethanol, rail, and plant nutrient sectors. Investors can find more on the company’s website.
The Andersons, Inc. (Nasdaq: ANDE) has declared a third-quarter 2021 cash dividend of 17.5 cents ($0.175) per share. This dividend will be paid on July 22, 2021, to shareholders on record as of July 6, 2021. This marks the company's 99th consecutive quarterly cash dividend since its Nasdaq listing in February 1996. The Andersons, founded in 1947 and based in Maumee, Ohio, operates in various sectors including commodity trading, ethanol, and plant nutrients.
On May 17, 2021, The Andersons, Inc. (Nasdaq: ANDE) announced its participation in the BMO Capital Markets Global Farm to Market Conference. The virtual presentation is scheduled for May 19, 2021, at 2 p.m. EDT, featuring President & CEO Pat Bowe and Executive Vice President & CFO Brian Valentine. Investors can access the live webcast at this link, with a recording available for later viewing. The Andersons has a strong agricultural foundation, focusing on various sectors including commodity trading and ethanol.
The Andersons, Inc. (Nasdaq: ANDE) appointed Gary Douglas to its Board of Directors, effective May 7, 2021. Douglas, a seasoned leader with over 20 years of experience, currently serves as president of Nationwide National Partners and has held various executive roles in insurance. His background includes leadership in Agribusiness Insurance and significant contributions to community boards. The Chairman, Mike Anderson, expressed optimism about Douglas's potential contributions to the company, known for its diversified operations in agriculture.
The Andersons, Inc. (Nasdaq: ANDE) reported strong first-quarter results for 2021, with a net income of $15.1 million, or $0.45 per diluted share, compared to a loss of $37.7 million in Q1 2020. Adjusted EBITDA rose to $80.2 million, up from $11.2 million year-over-year. Key segments saw substantial improvements: Trade reported $14.3 million in pretax income, while Ethanol and Plant Nutrient also turned profitable with gains of $2.9 million and $8.5 million, respectively. Strong cash flow of $89 million and reduced long-term debt by $35 million reflect disciplined operations.
The Andersons, Inc. (Nasdaq: ANDE) will announce its first quarter 2021 financial results on May 4, 2021, after 4 p.m. EDT. A webcast to discuss these results will take place the next day at 11 a.m. EDT. Investors can access the conference via phone or through the company's website. Founded in 1947 and based in Maumee, Ohio, The Andersons operates in commodity trading, ethanol, plant nutrients, and rail sectors, emphasizing customer service and community support.
The Andersons, Inc. (Nasdaq: ANDE) has declared a cash dividend of 17.5 cents ($0.175) per share for the second quarter of 2021, payable on April 21, 2021. This dividend will benefit shareholders of record as of April 1, 2021. This marks the company's 98th consecutive quarterly dividend since its Nasdaq listing in February 1996. Additionally, The Andersons will celebrate its 25th anniversary on Nasdaq by ringing the closing bell remotely on February 22, 2021.
The Andersons, Inc. (Nasdaq: ANDE) reported a net income of $16 million, or $0.48 per diluted share, for Q4 2020, showing a significant year-over-year improvement. Adjusted net income was $19.4 million, driven by strong merchandising results in the Trade segment, which posted a pretax income of $28.3 million. However, the Ethanol segment faced challenges, recording a pretax loss of $3.5 million due to market pressures and a $6.6 million non-cash charge. Plant Nutrient achieved its best year since 2014 with $3.2 million in pretax income. The company also reduced long-term debt by $100 million, aiming for an additional $200 to $250 million reduction by 2023.
The Andersons, Inc. (Nasdaq: ANDE) will announce its financial results for the fourth quarter and full year 2020 on February 16, 2021, at 4 p.m. EST. The company will also host a webcast on February 17, 2021, at 11 a.m. EST to discuss the results and provide an update. Investors can listen by phone or watch the webcast through the company’s investor relations page.
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