Bunge CFO John Neppl Says $4B Annual EBITDA "A Very Reasonable Target" For Combined Company
Portfolio Pulse from Benzinga Newsdesk
Bunge CFO John Neppl stated that a $4 billion annual EBITDA is a reasonable target for the combined company. This comes after Bunge's recent acquisition of a controlling stake in a Brazilian soybean processing plant.
June 13, 2023 | 5:34 pm
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Bunge's CFO believes a $4 billion annual EBITDA is achievable for the combined company after its recent acquisition.
Bunge's recent acquisition of a controlling stake in a Brazilian soybean processing plant is expected to contribute positively to the company's EBITDA. The CFO's statement of a $4 billion annual EBITDA target indicates optimism in the company's growth and profitability, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100