The Andersons, Inc. reported a net income attributable to the company of $0.3 million, or $0.01 per diluted share, and adjusted net income of $4 million, or $0.12 per diluted share for the first quarter of 2025. Renewables segment performed strongly with $25 million in pretax income, while Agribusiness recorded a pretax loss of $10 million due to stagnant market conditions.
Company reported net income attributable to The Andersons of $0.3 million, or $0.01 per diluted share.
Adjusted EBITDA was $57 million, an increase of $6.1 million from the prior year.
Renewables segment reported strong pretax income of $25 million, driven by efficient operations and solid merchandising.
Agribusiness recorded a pretax loss of $10 million due to challenging markets and limited trade flows.
The company anticipates ample second quarter opportunities for agronomy teams with expected increases in corn acres, strong system-wide corn and wheat production providing good environment for storage and handling, and continued demand for ethanol products. Long-term capital projects in Agribusiness are progressing, and Renewables projects are focused on efficiency improvements.
Visualization of income flow from segment revenue to net income
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