Sector: Consumer Non-Cyclicals | Industry: Food Processing |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1391 Timberlake Manor Parkway CHESTERFIELD MO 63017 |
Tel: | N/A |
Website: | https://www.bunge.com |
IR: | See website |
Key People | ||
Gregory A. Heckman Chief Executive Officer, Director | Gregory A. Heckman Chief Executive Officer, Director | Ruth Ann Wisener Vice President - Investor Relations |
Ruth Ann Wisener Vice President - Investor Relations | John W. Neppl Chief Financial Officer | John W. Neppl Chief Financial Officer |
Aaron Buettner President - Food Solutions | Aaron Buettner President - Food Solutions | Christos Dimopoulos Co-President - Agribusiness |
Christos Dimopoulos Co-President - Agribusiness | Julio Garros Co-President - Agribusiness | Julio Garros Co-President - Agribusiness |
Kellie Sears Chief Human Resource Officer | Kellie Sears Chief Human Resource Officer | Debra King Chief Technology Officer |
Debra King Chief Technology Officer | Matt Simmons Controller, Principal Accounting Officer | Matt Simmons Controller, Principal Accounting Officer |
Robert Wagner Chief Risk Officer | Robert Wagner Chief Risk Officer |
Business Overview |
Bunge Global SA is a global agribusiness and food company. The Company conducts its operations via four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. Its Agribusiness segment is an integrated, global business principally involved in the purchase, storage, transportation, processing and sale of agricultural commodities and commodity products. Its Agribusiness operations and assets are located in North and South America, Europe, and Asia-Pacific. The Refined and Specialty Oils segment includes businesses that sell vegetable oils and fats, including cooking oils, shortenings, specialty ingredients, and renewable diesel feedstocks. The Milling segment includes businesses that sell wheat flours, bakery mixes, and corn-based products. The Company also produces sugar and ethanol in Brazil through its 50% interest in BP Bunge Bioenergia, a joint venture with BP p.l.c (BP). |
Financial Overview |
For the fiscal year ended 31 December 2023, Bunge Global SA revenues decreased 11% to $59.54B. Net income increased 39% to $2.24B. Revenues reflect Agribusiness segment decrease of 10% to $42.76B, Refined and Specialty Oils segment decrease of 13% to $14.6B, Asia-Pacific segment decrease of 27% to $10.1B, Europe segment decrease of 7% to $24.33B. Net income reflects Unrealized gain (loss) on investments decrease from $140M (expense) to $0K. |
Employees: | 23,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $15,879M as of Dec 31, 2023 |
Annual revenue (TTM): | $59,540M as of Dec 31, 2023 |
EBITDA (TTM): | $3,605M as of Dec 31, 2023 |
Net annual income (TTM): | $2,243M as of Dec 31, 2023 |
Free cash flow (TTM): | $1,803M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,557M as of Dec 31, 2023 |
Shares outstanding: | 143,418,211 as of Feb 20, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |