The Andersons Inc. announces a first quarter 2020 cash dividend of 17.5 cents per share payable January 23, 2020, to shareholders of record on January 2, 2020. This amount reflects an increase of half of a cent from the company's fourth quarter 2019 cash dividend. The company has increased its quarterly dividend at least annually since 2003. "The increase in the dividend reflects our continuing confidence in the [...]
The Andersons Inc. announces financial results for the third quarter ended September 30, 2019. Third Quarter Highlights: Company reports a net loss of $4.2 million or $0.13 per diluted share and an adjusted net loss of $2.3 million, or $0.07 per diluted share. Trade Group reports improved results, recording a pretax loss of $2.0 million and adjusted pretax income of $0.6 million, as stronger merchandising income was [...]
The Andersons Inc. announces that Naran U. Burchinow, senior vice president, general counsel and corporate secretary, will retire in March 2020. Christine M. Castellano will join the company and assume Burchinow's role and responsibilities effective February 3, 2020. Burchinow will provide transition assistance until his retirement. Castellano is the former senior vice president, general counsel, corporate secretary and [...]
The Andersons Inc. has named Pamela Hershberger to the company's Board of Directors effective December 6, 2019. Ms. Hershberger retired from Ernst & Young in 2018 after 31 years of service. She began her career in the firm's Toledo, Ohio, office as a staff auditor. She was later promoted to partner and served as a trusted advisor to several Fortune® 1000 companies. In 2008, Ms. Hershberger was named Toledo's office [...]
The Andersons Inc. will release its financial results for third quarter of 2019 after the market closes on Tuesday, November 5, 2019. The company will host a webcast the following morning at 11 a.m. Eastern Standard Time to discuss the results and provide a company update. To listen over the phone, please dial 866-439-8514 or 678-509-7568 . To watch the webcast, go to https://edge.media-server.com/mmc/p/nczp9z2e and [...]
Strengthens, extends and simplifies the companies' long-time partnership Provides identified cost synergies and a ready platform for growth Enables more efficient use of cash and debt and improves financial transparency The Andersons Inc. today announced that it and Marathon Petroleum Corporation have merged four ethanol entities with and into the new legal entity The Andersons Marathon Holdings LLC . The ethanol [...]
The Andersons Inc. announces a fourth quarter 2019 cash dividend of 17 cents per share payable on October 22, 2019, to shareholders of record as of October 1, 2019. This is The Andersons' 92nd consecutive quarterly cash dividend since listing on the Nasdaq on February 20, 1996. There are approximately 32.6 million common shares outstanding. About The Andersons Inc. Founded in 1947 in Maumee, Ohio, The [...]
The Andersons Inc. announces financial results for the second quarter ended June 30, 2019. Second Quarter Highlights: Company reports net income of $29.9 million, or $0.91 per diluted share, and adjusted net income of $32.3 million, or $0.98 per diluted share. Adjusted EBITDA increases year over year by almost 50 percent to $88.6 million. Trade Group reports pretax income of $23.7 million and adjusted pretax income of [...]
The Andersons Inc. will release its financial results for second quarter of 2019 after the market closes on Tuesday, August 6, 2019. The company will host a webcast the following morning at 11 a.m. Eastern Daylight Time to discuss the results and provide a company update. To listen over the phone, please dial 866-439-8514 or 678-509-7568 . To watch the webcast, go to https://edge.media-server.com/mmc/p/izr35eyr and [...]
State College-based 1855 Capital and Maumee Ventures, the venture capital subsidiary of The Andersons Inc., today announced that they have co-led an investment round of up to $1.5 million in the sustainable fertilizer start-up, Phospholutions. This investment supports the full commercial launch of Phospholutions' RhizoSorb® product with both local support from 1855 Capital and industry participation from The [...]
The Andersons Inc. announces a third quarter 2019 cash dividend of 17 cents per share payable on July 22, 2019, to shareholders of record as of July 1, 2019. This is The Andersons' 91st consecutive quarterly cash dividend since listing on the Nasdaq on February 20, 1996. There are approximately 32.5 million common shares outstanding. About The Andersons Inc. Founded in 1947 in Maumee, Ohio, The [...]
The Andersons Inc. announces that it will present at the BMO Capital Markets 14th Annual Farm to Market Conference on Wednesday, May 15, 2019, in New York City. President and CEO Pat Bowe will speak at the conference at 2:50 p.m. Eastern Time. Corey Jorgenson, Trade Group President, Assets and Originations, and Bill Krueger, Trade Group President, Commodities and Merchandising, will then join Bowe for a question and [...]