Share this article
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.