The Andersons(ANDE) - 2023 Q4 - Earnings Call Presentation

Financial Performance - Q4 2023 - Sales and merchandising revenues decreased to $3.213 billion from $4.677 billion in Q4 2022[9], a decrease of approximately 31% - Gross profit increased to $218 million from $170 million in Q4 2022[9], an increase of approximately 28% - Pretax income from continuing operations attributable to ANDE increased to $65 million from $25 million in Q4 2022[9], an increase of approximately 160% - Adjusted EBITDA from continuing operations increased to $135 million from $104 million in Q4 2022[9], an increase of approximately 30% - Adjusted EPS from continuing operations increased to $1.59 from $0.98 in Q4 2022[9], an increase of approximately 62% Financial Performance - Year to Date 2023 - Sales and merchandising revenues decreased to $14.750 billion from $17.325 billion YTD 2022[9], a decrease of approximately 15% - Pretax income from continuing operations attributable to ANDE decreased to $138 million from $159 million YTD 2022[9], a decrease of approximately 13% - Adjusted EBITDA from continuing operations decreased to $405 million from $412 million YTD 2022[9], a decrease of approximately 2% - Adjusted EPS from continuing operations decreased to $3.44 from $4.05 YTD 2022[9], a decrease of approximately 15%