Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America. Founded in 1818, the company is based in White Plains, New York.
Bunge Limited (NYSE: BG) today held its virtual business update to share its near and long-term value drivers and underlying strategy. Bunge Chief Executive Officer Greg Heckman, Chief Financial Officer John Neppl, and President of Global Risk Management Brian Zachman highlighted the Company's progress on priorities executed in the past year and provided strategic and financial perspectives, including an overview of Bunge's streamlined operating model, compelling market opportunities, improved financial discipline, optimized portfolio and additional financial metrics.
(Bloomberg) -- Bunge Ltd. is promising investors a boost in profits, with the U.S. crop giant laying out a road map to turn around the struggling business for the first time since its new boss took the top job last year.The St. Louis-based company is positioned to deliver baseline earnings of $5 a share as it focuses on cutting costs, divesting unprofitable non-core businesses and buying back shares, Chief Executive Officer Greg Heckman said in a call with investors. He didn’t provide a time frame to reach the earnings projection. The last time annual adjusted earnings per share were higher than that was in 2013.The world’s top oilseeds processor is set to benefit from trends including the expansion of plant-based meat, which is heavily dependent on vegetable oils, Heckman said. The nov...
Bunge Limited (NYSE: BG) will hold a virtual business update event on June 24, at 9:00 a.m. CT, as previously announced. The Company's CEO, Greg Heckman, and CFO, John Neppl, will lead the presentation and will be joined by Brian Zachman, Bunge's President of Global Risk Management. The event will be held in a live video webcast that will be available on www.bunge.com under "Events and presentations". A replay will be available for the following thirty days.