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The Andersons, Inc. Reports Second Quarter Results

The Company reports a net loss of $26.7 million, or ($0.94) per diluted share, and adjusted net income of $15.3 million, or $0.54 per diluted share, up six percent over the prior year. Reported results include $3.5 million in pretax costs associated with exiting the Retail business. Adjusted results exclude a $42 million goodwill impairment charge in the Plant Nutrient Group.

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The Company reports a net loss of $26.7 million, or ($0.94) per diluted share, and adjusted net income of $15.3 million, or $0.54 per diluted share, up six percent over the prior year. Reported results include $3.5 million in pretax costs associated with exiting the Retail business. Adjusted results exclude a $42 million goodwill impairment charge in the Plant Nutrient Group.

To access this information directly from the company, click here.

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