Bunge Sees Profits Shrinking as Trade War Adds Uncertainty (1)

Feb. 5, 2025, 2:36 PM UTC

Bunge Global SA expects profits this year to shrink to the lowest level since before the pandemic as Donald Trump’s trade war adds to uncertainty weighing on crop markets.

The company projects full-year adjusted earnings of $7.75 a share in 2025, down 16% from last year and below the average of analyst estimates compiled by Bloomberg, according to a statement Wednesday. The figure, which excludes the pending acquisition of Glencore Plc-backed Viterra, would be the lowest since 2019.

Bunge shares fell 5.1% as of 9:35 a.m. in New York trading.

The profits companies such as Bunge make from trading and ...

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