The Andersons(US:ANDE)2025-11-05 13:30Financial Performance - Q3 2025 - Sales and Merchandising Revenues increased to $2678 million, compared to $2621 million in Q3 2024[14] - Gross Profit was $171 million, slightly lower than the $177 million in Q3 2024[14] - Pretax Income Attributable to ANDE decreased to $20 million, compared to $38 million in Q3 2024[14] - Adjusted Pretax Income Attributable to ANDE was $31 million, compared to $35 million in Q3 2024[14] - Adjusted EPS was $084, compared to $072 in Q3 2024[14] Segment Highlights - Agribusiness revenues increased to $1989 million, compared to $1876 million in Q3 2024[24] but Pretax income decreased to $1 million, compared to $23 million in Q3 2024[24] - Renewables revenues decreased to $689 million, compared to $745 million in Q3 2024[30] but Pretax income attributable to ANDE increased to $37 million, compared to $26 million in Q3 2024[30] Capital and Debt - Capital investments are expected to be around $200 million for 2025[20] - The company is focused on maintaining a long-term debt-to-EBITDA ratio below 25x, currently at 20x[20] Agribusiness - Agribusiness Adjusted EBITDA decreased to $29 million, compared to $45 million in Q3 2024[24] Renewables - Renewables Adjusted EBITDA increased to $67 million, compared to $63 million in Q3 2024[30]