Bunge CFO Predicts 50% Drop In Capex For 2026 Compared To 2025, Excluding Viterra Merger
Portfolio Pulse from Benzinga Newsdesk
Bunge's CFO has predicted a 50% drop in capital expenditures for 2026 compared to 2025, excluding the impact of the Viterra merger. This was announced during a conference call.
July 31, 2024 | 12:42 pm
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Bunge's CFO has announced a significant reduction in capital expenditures for 2026, predicting a 50% drop compared to 2025, excluding the Viterra merger. This could indicate a more conservative financial strategy moving forward.
The announcement of a 50% reduction in capex for 2026 suggests Bunge is planning to be more conservative with its financial resources. This could be seen as a positive move towards financial prudence, but it may also indicate potential challenges or a shift in strategic priorities. The exclusion of the Viterra merger from this forecast adds complexity to the financial outlook.
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