Financials Bunge Global SA

Equities

BG

CH1300646267

Food Processing

Real-time Estimate Cboe BZX Other stock markets 09:51:41 2025-06-17 am EDT			5-day change	1st Jan Change
86.40 ^USD	+0.14%		+16.81%	+12.17%

Jun. 16	Bunge Global's unit amends $3.2 bln 5-Year U.S. revolving credit agreement - SEC filing	RE
Jun. 16	China approves Bunge's merger with Viterra with conditions on crop supply stability	RE

Projected Income Statement: Bunge Global SA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	41,404	59,152	67,232	59,540	53,108	51,864	52,393	59,002
Change	-	42.87%	13.66%	-11.44%	-10.8%	-2.34%	1.02%	12.61%
EBITDA ¹	2,194	2,954	3,263	3,482	2,485	2,062	2,262	2,323
Change	-	34.64%	10.46%	6.71%	-28.63%	-17.03%	9.72%	2.68%
EBIT ¹	1,759	2,530	2,855	3,031	2,017	1,580	1,743	1,861
Change	-	43.83%	12.85%	6.16%	-33.45%	-21.66%	10.32%	6.74%
Interest Paid ¹	-265	-243	-403	-516	-471	-305.8	-296.2	-
Earnings before Tax (EBT) ¹	1,390	2,466	1,999	2,965	1,484	1,427	1,578	1,779
Change	-	77.41%	-18.94%	48.32%	-49.95%	-3.84%	10.56%	12.77%
Net income ¹	1,121	2,044	1,610	2,243	1,137	995.4	1,205	1,436
Change	-	82.34%	-21.23%	39.32%	-49.31%	-12.45%	21.02%	19.2%
Announcement Date	2/10/21	2/9/22	2/8/23	2/7/24	2/5/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	9,462	10,159	12,610	12,961	15,391	14,117	16,683	15,880	17,933	16,759	16,660	15,328	15,049	14,227	14,936	13,417	13,241	12,908	13,542	11,643	12,571	12,951	13,811	13,382	15,454	15,328	15,758	16,693
Change	-	7.37%	24.13%	2.78%	18.75%	-8.28%	18.18%	-4.81%	12.93%	-6.55%	-0.59%	-8%	-1.82%	-5.46%	4.98%	-10.17%	-1.31%	-2.51%	4.91%	-14.02%	7.97%	3.02%	6.64%	-3.11%	15.48%	-0.81%	2.81%	5.93%
EBITDA ¹	908	618	695	777	615	775	787	902	725	792	843	797	929	785	971	788	519	610	568	482	413	585.4	631.1	582.6	599.5	600.8	640	638.4
Change	-	-31.94%	12.46%	11.8%	-20.85%	26.02%	1.55%	14.61%	-19.62%	9.24%	6.44%	-5.46%	16.56%	-15.5%	23.69%	-18.85%	-34.14%	17.53%	-6.89%	-15.14%	-14.31%	41.73%	7.8%	-7.68%	2.9%	0.22%	6.52%	-0.25%
EBIT ¹	804	512	583	671	509	670	680	800	623	691	740	695	823	676	837	676	405	491	445	362	294.2	444.8	519.2	457.4	472.3	474.3	514.3	506.1
Change	-	-36.32%	13.87%	15.09%	-24.14%	31.63%	1.49%	17.65%	-22.12%	10.91%	7.09%	-6.08%	18.42%	-17.86%	23.82%	-19.24%	-40.09%	21.23%	-9.37%	-18.65%	-18.73%	51.19%	16.72%	-11.89%	3.25%	0.42%	8.43%	-1.59%
Charge d'intérêts ¹	-62	-56	-70	-73	-54	-57	-59	-111	-92	-103	-97	-112	-129	-133	-142	-108	-123	-94	-113	-104	-77.97	-78.37	-80.03	-106	-107.2	-108.4	-108.4	-
Earnings before Tax (EBT) ¹	682	300	648	1,022	414	746	287	791	241	495	471	817	823	489	836	367	99	313	705	283	222	344.4	467.4	409.5	366.3	341.1	439.1	-
Change	-	-56.01%	116%	57.72%	-59.49%	80.19%	-61.53%	175.61%	-69.53%	105.39%	-4.85%	73.46%	0.73%	-40.58%	70.96%	-56.1%	-73.02%	216.16%	125.24%	-59.86%	-21.54%	55.12%	35.71%	-12.4%	-10.55%	-6.88%	28.73%	-
Net income ¹	512	266	550	823	353	645	222	688	206	380	336	632	622	373	616	244	70	221	602	201	171.4	265.8	357.3	312.6	282.9	261.9	335.7	-
Change	-	-48.05%	106.77%	49.64%	-57.11%	82.72%	-65.58%	209.91%	-70.06%	84.47%	-11.58%	88.1%	-1.58%	-40.03%	65.15%	-60.39%	-71.31%	215.71%	172.4%	-66.61%	-14.73%	55.08%	34.42%	-12.51%	-9.5%	-7.42%	28.18%	-
Announcement Date	7/29/20	10/28/20	2/10/21	5/4/21	7/28/21	10/27/21	2/9/22	4/27/22	7/27/22	10/26/22	2/8/23	5/3/23	8/2/23	10/26/23	2/7/24	4/24/24	7/31/24	10/30/24	2/5/25	5/7/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Bunge Global SA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	6,936	5,062	3,547	2,280	2,927	3,710	4,000	3,985
Change	-	-27.02%	-29.93%	-35.72%	28.38%	26.75%	7.82%	-0.38%
Announcement Date	2/10/21	2/9/22	2/8/23	2/7/24	2/5/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Bunge Global SA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	365	399	555	1,122	1,376	1,564	1,262	817.3
Change	-	9.32%	39.1%	102.16%	22.64%	13.7%	-19.32%	-35.25%
Free Cash Flow (FCF) ¹	-3,901	-3,293	-6,104	2,186	524	-613.7	948	1,067
Change	-	15.59%	-85.36%	135.81%	-76.03%	-217.13%	254.47%	12.53%
Announcement Date	2/10/21	2/9/22	2/8/23	2/7/24	2/5/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Bunge Global SA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	5.3%	4.99%	4.85%	5.85%	4.68%	3.98%	4.32%	3.94%
EBIT Margin (%)	4.25%	4.28%	4.25%	5.09%	3.8%	3.05%	3.33%	3.15%
EBT Margin (%)	3.36%	4.17%	2.97%	4.98%	2.79%	2.75%	3.01%	3.02%
Net margin (%)	2.71%	3.46%	2.39%	3.77%	2.14%	1.92%	2.3%	2.43%
FCF margin (%)	-9.42%	-5.57%	-9.08%	3.67%	0.99%	-1.18%	1.81%	1.81%
FCF / Net Income (%)	-347.99%	-161.11%	-379.13%	97.46%	46.09%	-61.66%	78.7%	74.29%
Profitability
ROA	5.34%	8.62%	6.65%	-	4.52%	4.17%	4.48%	-
ROE	18.32%	29.14%	18.11%	20.61%	9.99%	9.65%	9.94%	10.07%
Financial Health
Leverage (Debt/EBITDA)	3.16x	1.71x	1.09x	0.65x	1.18x	1.8x	1.77x	1.72x
Debt / Free cash flow	-1.78x	-1.54x	-0.58x	1.04x	5.59x	-6.04x	4.22x	3.74x
Capital Intensity
CAPEX / Current Assets (%)	0.88%	0.67%	0.83%	1.88%	2.59%	3.02%	2.41%	1.39%
CAPEX / EBITDA (%)	16.64%	13.51%	17.01%	32.22%	55.37%	75.88%	55.8%	35.19%
CAPEX / FCF (%)	-9.36%	-12.12%	-9.09%	51.33%	262.6%	-254.91%	133.14%	76.61%
Items per share
Cash flow per share ¹	-23.57	-19.04	-36.51	21.91	13.38	15.03	11.52	11.83
Change	-	19.23%	-91.74%	160.01%	-38.92%	12.31%	-23.32%	2.71%
Dividend per Share ¹	2	2.075	2.3	2.612	2.72	2.769	2.87	3.031
Change	-	3.75%	10.84%	13.59%	4.11%	1.82%	3.62%	5.63%
Book Value Per Share ¹	41.64	51.48	65.07	78.24	77.08	85.2	90.26	88.49
Change	-	23.62%	26.4%	20.23%	-1.48%	10.54%	5.94%	-1.96%
EPS ¹	7.71	13.64	10.51	14.87	7.99	7.481	8.829	8.884
Change	-	76.91%	-22.95%	41.48%	-46.27%	-6.37%	18.01%	0.62%
Nbr of stocks (in thousands)	139,661	140,520	149,800	145,288	139,625	134,405	134,405	134,405
Announcement Date	2/10/21	2/9/22	2/8/23	2/7/24	2/5/25	-	-	-