Bunge Global SA

Bunge Global SA reported strong financial results for the third quarter and first nine months of 2026. Net sales increased significantly year-over-year, driven by the acquisition of Viterra Limited. Net income and earnings per share also saw substantial growth. The company's balance sheet reflects increased assets and short-term debt, partly due to the Viterra acquisition. Bunge also announced plans to divest its Brazilian sugarcane mills.

Bunge Global SA announced a change in its legal leadership. Joseph Podwika will step down as Chief Legal Officer on November 9, 2026, and will be succeeded by Ignacio Walker. Podwika will transition to a Senior Advisor role until his retirement in November 2027. His compensation will be adjusted in his new role, with a reduced base salary and ineligibility for annual bonuses and equity awards from 2027 onwards.

Bunge Global SA announced that its Controller and Chief Accounting Officer, Matt Simmons, will retire effective March 31, 2027. Richard James will succeed Mr. Simmons starting April 1, 2027. Mr. Simmons' retirement is not due to any disagreements with the company. Mr. James has a long tenure at Bunge, holding various senior finance positions.

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.

Bunge Global SA reported strong second quarter 2026 results, with GAAP diluted EPS increasing to $3.47 and adjusted diluted EPS rising to $2.00, significantly higher than the prior year. The company raised its full-year adjusted EPS outlook to a range of $9.25 to $9.75, citing strong performances in its Soybean and Softseed Processing and Refining segments. Bunge also completed its $2 billion share repurchase program related to the Viterra transaction, repurchasing approximately $250 million in the quarter.

Bunge Global SA shareholders approved all proposals at the 2026 Annual General Meeting, including an increased cash dividend of $2.88 per share, payable in four equal quarterly installments of $0.72. This dividend represents a $0.02 per share increase from the previous year. Shareholders also approved the 2025 financial statements, discharged the Board and Executive Management from liability, elected 12 directors, and approved executive and board compensation plans.

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.

Bunge Global SA reported strong first quarter 2026 results, with adjusted diluted EPS increasing to $1.83 from $1.81 in the prior year, despite a decline in GAAP diluted EPS. The company's performance was primarily driven by higher results in Soybean and Softseed Processing and Refining segments. Consequently, Bunge raised its full-year adjusted EPS outlook to a range of $9.00 to $9.50, up from the previous $7.50 to $8.00.