St. Louis, MO - October 28, 2020 - Bunge Limited (NYSE:BG) today reported third quarter 2020 results.
- Q3 GAAP EPS of $1.84 vs. $(10.57) in the prior year; $2.47 vs. $1.28 on an adjusted basis excluding certain gains/charges and mark-to-market timing differences
- Strong results driven by outstanding execution across Bunge’s global platform
- Exceptional Agribusiness performance driven by oilseed processing, which benefited from higher margins and volumes
- Edible Oils results better than expected; year to date results higher than prior year despite COVID-19 impacts
- Increasing full-year adjusted EPS outlook to between $6.25 and $6.75 based on strong Q3 results and improving market trends