Strong results in Renewables and improvements in the Agribusiness segment contributed to record first-quarter earnings for The Andersons.
The company reported net sales of US$2.74 billion, marking a 4% decline from the prior year on a reported basis.
Net sales declined about 1% year over year, while reported and adjusted operating income decreased 26% and 22%, respectively, versus Q1 2025.
The company reports higher earnings and improved outlook, supported by stronger ethanol margins and policy clarity in the U.S.
The Technical Centre consolidates the food & nutrition, beauty & personal care, and coatings & construction laboratories, previously operating from separate locations, into a single, expanded facility with enhanced scope and technical equipment.