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Weaker quarter, outlook weighs on Bunge shares

Source: FoodBusinessNews

ST. LOUIS — Limited visibility into the back half of fiscal 2024 has Bunge Global SA’s top executive guarded about the company’s short-term prospects following a first quarter in which both income and sales were down sharply from a year ago. While saying the company was “off to a good start amid a more balanced market environment than we’ve experienced over the past few years,” Gregory A. Heckman, chief executive…

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