NasdaqGS:ANDEConsumer Retailing
Is Andersons (ANDE) Quietly Rewriting Its Renewables Strategy With A Higher ROCE?
Recently, Andersons has increased its earnings before interest and tax while keeping capital employed broadly unchanged, lifting its return on capital employed to 5.4% from prior losses.
This shift suggests Andersons is extracting more profit from its existing asset base, raising questions about how it will reinvest to sustain these improved returns.
We’ll now explore how Andersons’ improved return on capital employed may influence its existing investment narrative built around renewables...