Create a free Feed & Grain account to continue reading

Bunge reports mixed third-quarter results, sees growth in soybeans

Company navigates complex market post-Viterra acquisition, maintains full-year adjusted EPS guidance.

2560px Bunge Limited Logo svg

Bunge Global SA reported its third-quarter 2025 financial results on November 5, highlighting strong execution across its value chains amid a challenging market environment following its recent acquisition of Viterra. The company posted a GAAP diluted earnings per share (EPS) from continuing operations of $0.86, down from $1.56 in the prior year. Adjusted EPS was $2.27, nearly flat compared to $2.29 in the same period last year.

CEO Greg Heckman emphasized the benefits of the expanded global platform, stating, "By aligning the business around our proven end-to-end value chain model, we’re unlocking efficiencies—optimizing our footprint, coordinating larger flows, and running at higher utilization, while serving customers more effectively."

Financial highlights for the quarter included net income attributable to Bunge of $166 million, compared to $221 million in the prior year. Segment EBIT rose to $671 million from $537 million, driven by growth in soybean and softseed processing and refining.

The Soybean Processing and Refining segment saw significant volume increases, processing 12.1 million metric tons of soybeans compared to 9.3 million last year. Net sales in this segment rose to $10.9 billion from $7.9 billion, with gross profit increasing to $498 million. Gains were particularly strong in Europe, Asia, and South America, reflecting higher margins and expanded production capacity.

Softseed Processing and Refining also posted higher results, with volumes processed rising to 3.1 million metric tons from 2.1 million. Net sales more than doubled to $3.7 billion, supported by increased capacity in Argentina, Canada, and Europe.

Other Oilseeds Processing and Refining experienced a decline in gross profit to $144 million, impacted by weaker results in Asia and Europe, despite gains in North America specialty oils.

Grain Merchandising and Milling benefited from higher wheat milling and ocean freight results, along with the addition of the sugar business, although global wheat and corn merchandising faced headwinds.

Corporate expenses increased, largely due to acquisition and integration costs related to Viterra.

Bunge repurchased $545 million of shares during the quarter and reaffirmed its full-year 2025 adjusted EPS guidance of $7.30 to $7.60, anticipating second-half adjusted EPS between $4.00 and $4.25.

The company plans to host a conference call on November 5 to discuss results and outlook in detail.

Page 1 of 92
Next Page