Bunge's 2025 EPS Outlook Remains at $7.75 as Viterra Integration Boosts Synergy Plans

Bunge has maintained its 2025 EPS outlook of $7.75 despite the integration of Viterra accelerating synergy plans. The CEO described Q2 as a "pivotal quarter" for the company, highlighting the completion of the Viterra combination, which positions Bunge as the premier agribusiness solutions company. The integration is expected to drive growth and enhance the company's ability to address global challenges in food security and sustainability.

Bunge Global SA, a leading agribusiness solutions provider, reported its second-quarter 2025 results, maintaining its 2025 EPS outlook of $7.75 despite the integration of Viterra. The company's CEO, Greg Heckman, described the second quarter as a "pivotal quarter," highlighting the completion of the Viterra combination and positioning Bunge as the premier agribusiness solutions company [1].

The company reported net income of $354 million for the second quarter, up from $70 million in the 2024 second quarter, and $555 million for the first half, compared to $314 million for the similar 2024 period [1]. Quarterly diluted earnings per share were $2.61, up from $0.48 in the prior-year quarter; first-half EPS was $1.31, versus $1.73 in the prior-year period [1].

The merger with Viterra, headquartered in Rotterdam, Netherlands, with operations in 37 countries, was completed on July 2, creating a global, fully integrated agribusiness solutions company [1]. The integration is expected to drive growth and enhance Bunge's ability to address global challenges in food security and sustainability [1].

Bunge's Agribusiness segment performed better than expected, driven by Processing, where higher results in South America and Asia were more than offset by lower results in Europe and North America [1]. The Merchandising segment also showed improved performance in global grains and oils, which was offset by lower results in the financial services and ocean freight businesses [1].

Refined and Specialty Oils results were down compared to both 2024 and the previous outlook, reflecting lower energy demand due to policy uncertainty [1]. The Milling segment results were higher than 2024 but down from the prior outlook, reflecting the sale of the U.S. corn milling business [1].

Bunge expects full-year results to be higher than its previous outlook, driven by Processing, but still lower than last year [1]. Refined and Specialty Oils full-year results are forecasted to be lower than both the previous outlook and last year, based on the softer second-quarter performance [1].

Bunge's combination with Viterra accelerates its strategy to serve customers at both ends of the value chain and increases diversification across assets, geographies, and crops [1]. The merger will additionally increase the impact of investment through the combined company's greater scale and gives it confidence in the ability to deliver value to all stakeholders [1].

Bunge is a global leader in grain origination, storage, distribution, oilseed processing, and refining, offering a broad portfolio of plant-based oils, fats, and proteins [1]. The principal agricultural commodities Bunge sources are soybeans, rapeseed, canola, sunflower seed, wheat, and corn [1]. The company is registered in Geneva, Switzerland, and has corporate headquarters in St. Louis, Mo., and a global team of 37,000 employees [1].

References:
[1] https://www.feedstuffs.com/agribusiness-news/bunge-confident-enhanced-scale-will-deliver-greater-value-moving-forward
[2] https://www.tradingview.com/news/zacks:4d2b5b3b3094b:0-bg-q2-earnings-beat-revenues-down-y-y-on-weak-results-across-segments/