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The Andersons, Inc. Reports Fourth Quarter Results

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MAUMEE, Ohio, Feb. 16, 2021 /PRNewswire/
The Andersons, Inc. (Nasdaq: ANDE) announces financial results for the fourth quarter ended December 31, 2020.
Fourth Quarter Highlights:
Company reported net income attributable to The Andersons of $16.0 million, or $0.48 per diluted share, and adjusted net income of $19.4 million, or $0.59 per diluted share.
Trade reported pretax income of $28.3 million and adjusted pretax income of $29.3 million on improved merchandising results.
Ethanol reported a pretax loss attributable to the company of $3.5 million that included a $6.6 million non-cash mark-to-market charge.
Plant Nutrient completed its best year since 2014 as it recorded pretax income of $3.2 million for the quarter. ....

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The Andersons Announces Senior Leadership of The Andersons Trade and Processing Group

The Andersons Announces Senior Leadership of The Andersons Trade and Processing Group
MAUMEE, Ohio, Jan. 12, 2021 The Andersons, Inc. announces the senior leadership of The Andersons Trade and Processing group, which is comprised of its Trade and Ethanol business segments. Scott Mills and Jim Pirolli have taken on expanded leadership roles as senior vice presidents. Mills and Pirolli will report to Bill Krueger, president of The Andersons Trade and Processing group.
Over the past two years, we have experienced an abundance of change, said Krueger. In 2019, we focused on integrating Lansing Trade Group and Thompsons Limited into The Andersons. In 2020, we reduced costs and streamlined our business groups. I am excited to implement this new structure, as it positions The Andersons Trade and Processing Group for growth in 2021 and beyond. Scott and Jim both have extensive experience across our industry segments and have been exceptional leaders for The Andersons. This ....

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