St. Louis, MO - February 12, 2020 - Bunge Limited (NYSE: BG) today reported Q4 2019 and full-year 2019 results.
- Full-year 2019 GAAP EPS of $(9.34) vs. $1.57 in the prior year; $4.58 vs. $2.72 on an adjusted basis
- Q4 GAAP EPS of $(0.48) vs.$(0.51) in the prior year; $1.27 vs. $0.08 on an adjusted basis
- Agribusiness results driven by excellent execution and a better than expected market environment
- Food & Ingredients results benefited from improved performance in North America and Asia, as well as favorable timing differences
- Substantial progress on key priorities in 2019 - streamlined portfolio; implemented disciplined approach to risk management; improved operations and created new operating model