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ST. LOUIS - Bunge Global SA (NYSE:BG) reported better-than-expected second quarter 2025 adjusted earnings on Wednesday, as strong processing performance in its agribusiness segment helped offset weaker results in refined oils.
The company’s shares rose 1.51% in pre-market trading following the announcement.
The global agribusiness company posted adjusted earnings of $1.31 per share for the quarter ended June 30, exceeding analyst expectations of $1.14 per share, despite a 5.1% decline in net sales from its core agribusiness segment to $9.17 billion. Total (EPA:TTEF) net sales fell to $12.77 billion from $13.24 billion a year earlier.
The company highlighted significant strategic progress during the quarter, including the completion of its transformative merger with Viterra, creating what it calls a "premier global agribusiness solutions company," and the sale of its U.S. corn milling business, which generated a $155 million gain.
"Our team delivered better than expected results for the second quarter given market conditions while also making significant progress on our strategic priorities," said Greg Heckman, Bunge’s Chief Executive Officer. "With our increased diversity across crops and geographies, we are even better positioned to efficiently connect farmers to consumers and deliver essential food, feed and fuel to the world."
Bunge’s refined and specialty oils segment saw results decline across all regions, primarily in North America and Europe, with adjusted EBIT falling to $116 million from $193 million a year ago. The company attributed this to lower energy demand due to policy uncertainty.
Despite the mixed quarterly performance, Bunge maintained its full-year 2025 adjusted earnings outlook of approximately $7.75 per share, excluding any contribution from Viterra, which closed on July 2. The company expects to provide a forecast for the combined entity before reporting third quarter earnings.
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