Financial Performance - Bunge's adjusted EPS for Q1 2025 was $1.81, compared to $3.04 in Q1 2024[12] - Adjusted Segment EBIT was $406 million in Q1 2025, a decrease from $719 million in Q1 2024[12] - Agribusiness' Adjusted Segment EBIT was $268 million in Q1 2025, down from $487 million in Q1 2024[12] - Refined and Specialty Oils' Adjusted Segment EBIT was $123 million in Q1 2025, compared to $204 million in Q1 2024[12] - Milling's Adjusted Segment EBIT was $15 million in Q1 2025, a decrease from $28 million in Q1 2024[12] - Adjusted Total EBIT for Q1 2025 was $362 million, compared to $676 million in Q1 2024[12] Financial Position - At the end of Q1 2025, Readily Marketable Inventory (RMI) exceeded Net Debt by $3 billion[24] - The Adjusted Leverage Ratio was 0.6x at the end of Q1 2025[24] - The company had a cash balance of approximately $3.2 billion at quarter-end[30] Outlook - Bunge continues to forecast a full-year 2025 adjusted EPS of approximately $7.75[11, 39] - The company expects net interest expense to be in the range of $220 million to $250 million and capex in the range of $1.5 billion to $1.7 billion[39]
Bunge SA(BG) - 2025 Q1 - Earnings Call Presentation