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Thursday, February 11, 2016
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Andersons has 1st loss as public firm
After record profits the previous year, The Andersons Inc. on Wednesday reported a 2015 loss of $13.1 million, or 46 cents a share — the Maumee company’s first annual loss since it became a publicly traded firm in 1996. The local agribusiness said it was sunk by a bad fourth quarter in which it had a loss of $46.7 million, or $1.68 a share, down from a profit of $25.9 million, or 89 cents a share, for the same period a year earlier.
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