Bunge, the global agribusiness leader, has surpassed Wall Street’s profit expectations for the third quarter of 2024. The company’s success stems from increased volumes in grain trading and oilseed processing, offsetting lower margins in the current market. Bunge reported an adjusted earnings per share of $2.29, exceeding analysts’ estimates of $2.15. The agribusiness segment saw […]
Related Posts
Ghana’s Cocoa Board Embraces Self-Financing: A New Chapter for the Industry
Ghana’s Cocoa Board (COCOBOD) has announced a significant change in its financing strategy for the 2024/2025 cocoa season. The board will move away from its long-standing reliance on external syndicated loans, marking a major shift in how Ghana, the world’s second-largest cocoa producer, funds its cocoa purchases. For over three decades, COCOBOD has depended on […]
AC Milan Reports First Profit in 17 Years, Tops $432 Million
For the first time in its history, AC Milan surpassed a financial milestone by generating over €400 million ($432 million) in revenues. Alongside this, it reported a net profit of €6.1 million ($6.588 million). This significant financial achievement comes under the guidance of RedBird Capital. The club’s General Assembly met on June 23. They approved […]
