Trade The Andersons, Inc. - ANDE CFD

About Andersons Inc

The Andersons, Inc. is a diversified company rooted in agriculture. The Company conducts its business across North American agricultural supply chain. It operates through three segments: Trade, Renewables, and Plant Nutrient. Its Trade Group is a diversified business focusing on logistics and merchandising across a range of commodities. The group specializes in the movement of physical commodities, such as whole grains, grain products, feed ingredients, domestic fuel products, and other agricultural commodities. The Renewables Group produces, purchases and sells ethanol and co-products. It offers facility operations, risk management, and ethanol and co-products marketing services to the ethanol plants it invests in and operates. The Plant Nutrient Group is a manufacturer, distributor and retailer of agricultural and related plant nutrients, corncob-based products, and pelleted lime and gypsum products in the United States Corn Belt and Puerto Rico.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Andersons Inc revenues increased 56% to $12.61B. Net income before extraordinary items increased from $5.8M to $99.7M. Revenues reflect Trade segment increase of 52% to $9.3B, Ethanol segment increase of 94% to $2.44B. Net income benefited from Other income, net increase of 86% to $32.6M (income), Equity in earnings of affiliates increase from $638K to $4.8M (income).

Equity composition

Common Stock no Par, 03/11, 25M auth., 19,198,000 issd., less 762,000 shs. in Treas. @ $14.1M. Insiders & Strategic holders own 4.56%. 2/96, Co. formed from merger of Andersons Management Corp. & The Andersons Partnership. 06/06, 2-for-1 stock split. PO:8/06, 2,000,000 shares @$37 by Hunton & Williams LLP. 02/14, 3-for-2 Stock split.