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November 01, 2007 | Jim Lane | Comments 0

The Andersons reports record income for third quarter; Grain & Ethanol Group revenues rise sharply

The Andersons, a diversified agribusiness that is a major ethanol producer and a component stock in the Biofuels Digest Indexâ„¢, announced record income for the third quarter of $10.6 million on revenues of $554 million. The Andersons reported income of $8.4 million on revenues of $336 million for the same period of 2006. The Grain & Ethanol Group recorded operating income of $13.7 million, up from $11.9 million in 2006, on revenues of $383 million.

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