Andersons Inc.

Fourth Quarter Highlights Company reports EPS of $0.84 and adjusted EPS of $0.92; adjusted EPS improves by 35% year over year. Lansing Trade Group acquisition closed effective January 1, 2019. Grain Group pretax income improves to $25.4 million on strong harvest margin environment and another strong quarter from Lansing. Ethanol Group earns $5.1 million of pretax income on optimal plant efficiency. Plant Nutrient Group [...]

The Andersons, Inc. announced today that it has successfully completed its acquisition of Lansing Trade Group, LLC . The company previously owned approximately 32.5% of Lansing, and paid cash and stock valued at approximately $324 million for the remaining equity. This transaction was originally announced on October 15, 2018, and closed effective January 1, 2019. "With the completion of this acquisition, we have [...]

 The Andersons Inc. announces a first quarter 2019 cash dividend of 17 cents per share payable January 23, 2019, to shareholders of record on January 2, 2019. This amount reflects an increase of half of a cent from the Company's fourth quarter 2018 cash dividend. "The increase in the dividend reflects our confidence in the Company's financial performance moving forward," says Brian Valentine, Senior Vice President and [...]

The Andersons Inc. announces financial results for the third quarter ended September 30, 2018. The Company reports a net loss of $2.1 million, or per diluted share, compared to net income of $2.5 million and $0.09 per share in third quarter 2017. Grain Group records a pretax loss of $8.6 million significantly impacted by mark-to-market basis adjustments to grain inventories that are expected to rebound in the near term [...]

- Strengthens and broadens grain business, extends specialty food and feed product offerings and further diversifies portfolio - Provides identified cost synergies and revenue growth opportunities - Expect transaction to be accretive to EPS in the first year  The Andersons Inc. announced today that it has entered into a merger agreement with Lansing Trade Group, LLC, its long-time affiliate, to acquire the 67.5% of [...]

The Andersons Inc. has named Stephen F. Dowdle to the company's Board of Directors effective September 1, 2018. "We are looking forward to the contributions Stephen will bring to our Board," said Chairman Mike Anderson. "He offers a wealth of business and agronomy knowledge from his more than 30 years in the plant nutrient industry." Mr. Dowdle is the former President of Sales for PotashCorp, which merged with [...]

 The Andersons Inc. announces a fourth quarter 2018 cash dividend of 16.5 cents per share payable October 22, 2018, to shareholders of record on October 1, 2018. This is The Andersons' 88th consecutive quarterly cash dividend since listing on the Nasdaq in February 1996. There are approximately 28.3 million common shares outstanding. About The Andersons Inc. The Andersons is a diversified company rooted in agriculture [...]

 The Andersons Inc. announces financial results for the second quarter which ended June 30, 2018. The Company reports net income of $21.5 million, or $0.76 per diluted share, up considerably from both the net loss of $26.7 million, or per diluted share, and adjusted net income of $15.3 million, or $0.54 per diluted share, reported in the prior year. Second quarter 2018 reported results include noncash pretax impairment [...]

MAUMEE, Ohio, June 1, 2018 /CNW/ -- The Andersons Inc. announces it has appointed Brian A. Valentine as Senior Vice President and Chief Financial Officer, reporting to President and CEO Pat Bowe, effective August 1, 2018. "Brian is an engaging, operationally-focused and financially-disciplined leader," said Bowe. "He brings to The Andersons a wealth of knowledge and experience, from investing in and managing growth to [...]

MAUMEE, Ohio, May 11, 2018 /CNW/ -- The Andersons Inc. announces a third quarter 2018 cash dividend of 16.5 cents per share payable July 23, 2018, to shareholders of record on July 2, 2018. This is The Andersons' 87th consecutive quarterly cash dividend since listing on the Nasdaq on February 20, 1996. There are approximately 28.3 million common shares outstanding. About The Andersons Inc.   The Andersons is a diversified [...]