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Published: Wednesday, 12/11/2002

The Andersons says profits will be higher

The Andersons, Inc., of Maumee yesterday raised their 2003 earnings projections.

The agribusiness said that its improved operations mean it should have a per-share profit of $1.50 to $1.65 next year, up from $1.31 to $1.41 that had been estimated last quarter.

Two analysts polled by Thomson First Call expect the firm to earn $1.34 a share this year, and the company had a profit of $1.21 a share last year.

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