Quarterly ResultApr 29, 2026, 12:11 PM
BG Q1 Net Sales +88% to $21.86B; Net Income -66% to $68M
AI Summary
Bunge Global SA reported Q1 2026 net sales of $21.86 billion, an 88% increase year-over-year, primarily driven by the Viterra acquisition. However, net income attributable to shareholders decreased by 66% to $68 million, with diluted EPS falling to $0.35 from $1.48 in Q1 2025. The company completed the acquisition of IFF's lecithin, soy protein concentrate, and crush businesses for $105 million and amended its trade receivables securitization program, increasing its size to $2.0 billion.
Key Highlights
- Net sales increased 88% to $21.86 billion for the three months ended March 31, 2026.
- Net income attributable to Bunge shareholders decreased 66% to $68 million.
- Diluted EPS fell to $0.35 in Q1 2026 from $1.48 in Q1 2025.
- Acquired IFF's lecithin, soy protein concentrate, and crush businesses for $105 million cash.
- Trade receivables securitization program increased by $500 million to $2.0 billion.
- Cash used for operating activities was $(541) million, compared to $(285) million in Q1 2025.
- Long-term debt increased 12.6% to $9.95 billion as of March 31, 2026.
- Soybean Processing and Refining inventories were $7.48 billion as of March 31, 2026.
Price Impact
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