Jul 29, 2020

Bunge Reports Second Quarter 2020 Results

St. Louis, MO - July 29, 2020 - Bunge Limited (NYSE:BG) today reported second quarter 2020 results.

  • Q2 GAAP EPS of $3.47 vs. $1.43 in the prior year; $3.88 vs. $1.52 on an adjusted basis
  • Core Agribusiness and Food & Ingredients businesses generated strong results
  • Agribusiness earnings improved on excellent execution; results also benefited from ~$380 million of timing differences related to expected Q1 reversals and new mark-to-market gains
  • Edible Oils performed better than expected
  • Increasing full-year earnings outlook to reflect better than expected Q2

Read the full press release.

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