Quarterly ResultJul 29, 2026, 03:36 PM
Bunge Q2 Net Sales $24.04B, Net Income $678M
AI Summary
Bunge Global SA reported a significant increase in net sales and net income for the second quarter of 2026, largely driven by the acquisition of Viterra Limited in July 2025. Net sales for the quarter reached $24.04 billion, with net income attributable to shareholders at $678 million, leading to diluted EPS of $3.47. However, diluted EPS for the first six months of 2026 saw a slight decrease to $3.81 compared to the prior year, despite improved cash flow from operations. The company also completed the acquisition of IFF's lecithin, soy protein concentrate, and crush businesses and is progressing with the divestment of its European margarines and spreads business.
Key Highlights
- Viterra acquisition completed July 2, 2025, with total purchase consideration of $10.62 billion.
- Acquired IFF's lecithin, soy protein concentrate, and crush businesses for $105 million on March 1, 2026.
- Net sales for the three months ended June 30, 2026, increased to $24.04 billion from $12.77 billion in 2025.
- Net income attributable to Bunge shareholders for Q2 2026 rose to $678 million from $354 million in 2025.
- Diluted EPS for the three months ended June 30, 2026, was $3.47, up from $2.61 in 2025.
- Diluted EPS for the six months ended June 30, 2026, decreased to $3.81 from $4.10 in 2025.
- Cash used in operating activities improved to $(1,126) million for H1 2026 from $(1,357) million in H1 2025.
- Repurchased $249 million of registered shares and paid $275 million in dividends to shareholders in H1 2026.
Price Impact
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