Bunge Global (NYSE:BG) Q4 2025 Earnings call February 04, 2026 08:00 AM ET Company ParticipantsBen Theurer - Managing DirectorDerrick Whitfield - Managing DirectorGreg Heckman - CEOHeather Jones - FounderJohn Neppl - CFOManav Gupta - Executive DirectorMark Haden - Head of Investor RelationsMatthew Blair - Managing DirectorSteven Haynes - VP of Equity ResearchConference Call ParticipantsAndrew Strelzik - Senior AnalystPooran Sharma - Managing Director and Equity Research AnalystSalvatore Tiano - Equity Resea ...

Bunge Global (NYSE:BG) Q4 2025 Earnings call February 04, 2026 08:00 AM ET Speaker8Please note, this event is being recorded. I would now like to turn the conference over to Mark Haden. Please go ahead.Speaker6Great. Thank you, and thank you for joining us this morning for our fourth quarter earnings call. Before we get started, I want to let you know that we have slides to accompany our discussion. These can be found at the Investor Center on our website at bunge.com, under Events and Presentations. Reconc ...

Business Performance and Strategy - Viterra的整合进展顺利[10] - 公司调整了业务分部，以更好地反映其运营方式，并提高主要业务驱动因素的透明度[10, 14] - 团队在第三季度表现良好[10] - 行业趋势发展良好，但当前形势继续受到宏观、贸易和生物燃料政策不确定性的影响[10] Segment Reporting Changes - 从2025年第三季度开始，分部结构进行了调整，以符合端到端价值链方法，并提高商品类型的透明度[13, 14] - 新的分部结构包括：大豆加工和精炼、软籽加工和精炼、其他油籽加工和精炼、谷物贸易和制粉[14, 15, 16, 17] - 体积重塑与新的分部报告结构以及主要的收入生成活动相一致[19] - 新的报告结构提高了油籽加工、精炼和商品交易量的可见性[19] Financial Outlook - 公司调整了2025财年的展望，以反映与Viterra的合并，包括作为交易一部分发行的股票，减去第三季度回购的股票[22] - 预计2025年全年调整后每股收益将在730美元至760美元之间[21, 22] - 预计2025年下半年调整后每股收益将在400美元至425美元之间[21, 22] - 预计加权平均股数约为1.66亿股，下半年约为1.97亿股[21]