1st Quarter: Bunge's Sales Down 13%, Net Income Down 18%: $201 Million

Source: Bunge news release St. Louis, MO - Bunge Global SA (NYSE: BG) today reported first quarter 2025 results â?¢ Q1 GAAP diluted EPS of $1.48 vs. $1.68 in the prior year; $1.81 vs. $3.04 on an adjusted basis excluding certain gains/charges and mark-to-market timing differences â?¢ Solid performance in Agribusiness driven by Processing, though down from last year â?¢ Refined and Specialty Oils results reflected a more balanced supply and demand environment, particularly in the U.S. â?¢ In final stage of regulatory process for Viterra transaction â?¢ Further strengthened business alignment with our global value chains through agreements to divest regional corn milling and margarine businesses â?¢ Maintaining adjusted full-year EPS outlook of approximately $7.75 Overview Greg Heckman, Bunge's Chief Executive Officer, commented, "Our team delivered a better than expected start to 2025, staying nimble in a quickly evolving market environment while continuing to serve our customers at both ends of the value chain. We announced agreements to sell our European margarine and U.S. corn milling businesses as we further align our assets with our global integrated value chains. "We are in the final stage of regulatory approval for our combination with Viterra and are prepared to close quickly once received. To read the entire report click here. "We benefited in the first quarter from tariff-related timing shifts in demand and farmer activity and remain confident in our ability to continue to execute despite the current market environment. Our resilient global footprint, disciplined approach, and focus on connecting farmers to consumers to deliver essential food, feed, and fuel position us well to create value for all stakeholders."