US grain trader and processor Bunge on Wednesday lowered its 2025 earnings forecast following its merger with Viterra, and said it is overhauling segment and volume reporting to align with its integrated operations, reports Reuters.
Shares of the company, however, rose 11.6 per cent in early trading. UBS analyst Manav Gupta said investors had feared a worse outlook.
"Dilution is coming in much better than expected. This lifts the overhang on the stock and we expect a big relief rally in this name," Gupta said in a note.
Bunge completed its merger with Glencore-backed Viterra in July, two years after announcing the $34 billion mega-deal. "We believe based on updated provided today, that Viterra might not cause any dilution in 2026, setting up for a potentially big beat and raise for 2026," Gupta added.
Grain trader Bunge lowers 2025 profit forecast after closing Viterra deal
FE Team | Published: October 16, 2025 22:27:02
Grain trader Bunge lowers 2025 profit forecast after closing Viterra deal
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