None
No disclosed counterparties: ANDE.
| Stage | ANDE | % of rev | SEB | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.1B | 100.00% | $2.9B | 100.00% | ANDE ×1.06 |
| Gross profit | $224M | 7.22% | $221M | 7.56% | SEB +0.3pp |
| Operating income | $50M | 1.61% | $100M | 3.42% | SEB +1.8pp |
| Pre-tax income | $67M | 2.17% | $206M | 7.05% | SEB +4.9pp |
| Net income | $54M | 1.74% | $154M | 5.27% | SEB +3.5pp |
| Stage | ANDE | SEB | Gap · A − B |
|---|---|---|---|
| Revenue | $3.1B100.00% | $2.9B100.00% | ANDE ×1.06 |
| Gross profit | 7.22%$224M | 7.56%$221M | SEB +0.3pp |
| Operating income | 1.61%$50M | 3.42%$100M | SEB +1.8pp |
| Pre-tax income | 2.17%$67M | 7.05%$206M | SEB +4.9pp |
| Net income | 1.74%$54M | 5.27%$154M | SEB +3.5pp |