Bunge has revealed an exceptionally weak finish to 2017, results that will intensify questions over the future of the 200-year-old global agricultural trading house as an independent company.
New York-listed Bunge on Wednesday reported a loss of $60m, or 48 cents per share, in the fourth quarter, from a net profit of $271m or $1.83 a year earlier. Adjusting for the effects of US tax reforms and a corporate restructuring the company earned 67 cents per share half of what analysts forecast.
The company buys crops from farmers for processing into ingredients and feeds or bulk shipment to customers around the world. International trade in gra…
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