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Published: Thursday, 7/31/2008

The Andersons boosts year s profit forecast

The Andersons Inc. raised its earnings forecast for 2008 yesterday, saying it expects to make $5 to $5.40 a share.

That compares to previous expectations of $4.40 to $4.80 a share. The increase is mostly attributable to improved performance of the Maumee agribusiness firm s fertilizer unit, officials said.

The company is to release its second-quarter earnings Aug. 7. Also that day, executives will discuss the results and profit trends in a conference call with analysts and investors.



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