Bunge Global SA Reports Significant Increase in Net Income and Completes Viterra Acquisition

Bunge Global SA reported a significant increase in financial performance for the second quarter of 2025, with net income attributable to shareholders reaching $354 million, compared to $70 million in the same period last year. For the first half of 2025, net income was $555 million, up from $314 million in the prior year. This growth was attributed to higher earnings before interest and taxes (EBIT) across its segments, particularly in Agribusiness, which benefited from favorable foreign exchange results and improved gross profit margins.

Total net sales for the second quarter of 2025 were $12.769 billion, a decrease from $13.241 billion in the same quarter of 2024. The decline in sales was primarily driven by lower volumes and average sales prices in the Agribusiness segment, which saw a 5% drop in net sales to $9.167 billion. The Milling segment, however, reported a slight increase in sales to $409 million, while the Refined and Specialty Oils segment saw a 2% rise to $3.177 billion. Overall, the company’s total EBIT for the quarter was $538 million, a substantial increase from $185 million in the previous year.

Bunge's strategic developments included the completion of its acquisition of Viterra Limited on July 2, 2025, in a transaction valued at approximately $10.7 billion, which included both cash and stock components. This acquisition is expected to enhance Bunge's position in the global agribusiness market. Additionally, the company announced the sale of its North American corn milling business for $470 million, which contributed to a gain of $155 million recognized in other income for the quarter.

Operationally, Bunge's total assets increased to $31.154 billion as of June 30, 2025, up from $24.899 billion at the end of 2024. The company reported a significant rise in cash and cash equivalents, which reached $6.790 billion, compared to $3.311 billion at the end of the previous year. This increase was primarily due to higher borrowings in preparation for the Viterra acquisition. The company’s working capital also improved, totaling $11.061 billion, reflecting a strong liquidity position.

Looking ahead, Bunge anticipates that the integration of Viterra will provide substantial growth opportunities and enhance its operational efficiencies. The company remains focused on managing its debt levels, which increased to $11.269 billion as of June 30, 2025, primarily due to financing activities related to the acquisition. Bunge's management is optimistic about future performance, citing the potential for improved margins and market share in the agribusiness sector as it navigates the complexities of global agricultural markets.