Bunge Limited · NYSE:BG
Bunge — BMO Capital Markets Farm to Market Conference 2020
8 slides from Bunge's conference presentation, May 13, 2020
Slide 1: BMO Capital Markets Farm to Market Conference
BMO Capital Markets Farm to Market Conference May 13, 2020
Slide 2: Forward-looking statements
Forward-looking statements • Today’s presentation includes forward-looking statements that reflect Bunge’s current views with respect to future events, financial performance and industry conditions. • These forward-looking statements are subject to various risks and uncertainties. Bunge has provided
Slide 3: CEO comments
CEO comments Q1 results • Solid quarter; team executed well • GAAP EPS(1) of ($1.46) • Excluding certain gains and charges, and pre-tax mark-to-market (mtm) timing losses of ~$410 million, adjusted EPS(2) was $0.91 Outlook • Expect ~80% of Q1 mtm to reverse in 2020, heavily weighted to Q2 • Agribusi
Slide 4: Thank you
Thank you BUNGE
Slide 5: Non-GAAP reconciliations
Non-GAAP reconciliations Non-GAAP measures This presentation contains certain "non-GAAP financial measures" as defined in Regulation G of the Securities Exchange Act of 1934. Bunge has reconciled these non-GAAP financial measures to the most directly comparable U.S. GAAP measures on slides 6 and 7.
Slide 6: Non-GAAP reconciliation notes
Non-GAAP reconciliation notes Below is a reconciliation of Net income (loss) attributable to Bunge to Net income (loss), adjusted (excluding certain gains & charges and mark-to-market timing differences): Quarter Ended March 31, (US$ in millions, except per share data) 2020 2019 Net Income (loss) at
Slide 7: Non-GAAP reconciliation notes
Non-GAAP reconciliation notes Below is a reconciliation of Net income (loss) per common share – diluted to Net income (loss) per common share – diluted, adjusted (excluding certain gains and charges and mark-to-market timing differences): Quarter Ended March 31, #2 2020 2019 Continuing operations: N
Slide 8: Slide 8
Bunge — BMO Capital Markets Farm to Market Conference 2020 on 6ix