The Andersons(ANDE) - 2021 Q2 - Earnings Call Presentation

Financial Performance Highlights - Sales and merchandising revenues increased significantly to $32737 million in Q2 2021, compared to $18902 million in Q2 2020, a rise of $13835 million[11] - Gross profit increased to $1740 million in Q2 2021, from $1063 million in Q2 2020, an increase of $677 million[11] - Income before income taxes attributable to The Andersons, Inc increased to $541 million in Q2 2021, compared to $182 million in Q2 2020, a growth of $359 million[11] - Adjusted EBITDA increased to $1181 million in Q2 2021, from $700 million in Q2 2020, an increase of $481 million[11] - Diluted earnings per share (EPS) increased to $130 in Q2 2021, from $092 in Q2 2020, an increase of $038[11] Segment Performance - Trade segment revenues increased to $22979 million in Q2 2021, compared to $13512 million in Q2 2020, a rise of $9467 million[18] - Ethanol segment revenues increased to $6165 million in Q2 2021, compared to $2237 million in Q2 2020, a rise of $3928 million[21] - Plant Nutrient segment revenues increased to $3214 million in Q2 2021, compared to $2798 million in Q2 2020, a rise of $416 million[24] - Rail segment revenues increased to $379 million in Q2 2021, compared to $354 million in Q2 2020, a rise of $25 million[27] Outlook - The company anticipates strong merchandising opportunities due to expected volatility, a large grain harvest, and high demand[29]