Bunge Ltd. Company Profile
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Bunge Ltd
Transport
- Type
Public
- Headquarters
The US
- Founded
1818
- Key Management
Mr. Gregory Heckman(CEO)
- Revenue
~59,152 (2021)
- Headcountz
~23,000(2021)
- Website
Business Description
Bunge Ltd. is a holding company that deals in the transportation and supply of agricultural commodities. Johann Peter Gottlieb Bunge founded the company in 1818. It is located in Chesterfield, MO. The company operates in the following segments: Milling Products, Agribusiness, Edible Oil Products, fertilizer, and Sugar and Bioenergy. The Milling Products segment includes the production and sale of corn-based products, rice, wheat flour, bakery mix, and other milling products.
The Agribusiness segment deals with the storage, purchase, and transportation of agricultural commodities and other commodity products. The Fertilizer segment is focused on the blending, distribution, production, and marketing of fertilizer products for agriculture. Sugar and Bioenergy is the manufacture and marketing of sugar and ethanol-derived sugarcane as well as energy from ethanol and sugar production processes. The Edible Oil Products segment includes the production and sale of shortenings, vegetable oils, and margarine, as well as mayonnaise.
Key Financials
Revenue (US$ Mn):
- Bunge Ltd.’s annual revenue for 2021 was US$ 59,152 Mn, a 42.87% increase from the 2020
- The annual revenue generated by Bunge Ltd. in 2020 was US$ 41,404 Mn
- At a -10.06% decrease, Bunge Ltd.’s annual revenue of US$ 41,140 Mn was indexed in 2019
- Bunge Ltd. generated total revenue of US$ 45,743 Mn in 2018
Net Income (US$ Mn):
- Bunge Ltd.’s net income for 2021 was US$ 2,078 Mn, an 81.48% increase from the 2020
- The net income generated by Bunge Ltd. in 2020 was US$ 1,145 Mn
- At a -579.4% decrease, Bunge Ltd.’s operating net of US$ -1,280 Mn was indexed in 2019
- Bunge Ltd. generated a net income of US$ 267 Mn in 2018
Gross Profit %:
- US$ 3,363 Mn was the gross profit generated by Bunge Ltd. in 2021
- Bunge Ltd.’s gross profit for 2020 was US$ 2,774 Mn, a 411.81% increase from 2019
- From 2018’s gross profit, Bunge Ltd. registered a -76.08% decrease in 2019, amounting to US$ 542 Mn
- A gross profit of US$ 2,266 Mn was generated in 2018 by Bunge Ltd.
Gross Margin %:
- Bunge Ltd.’s gross margin for 2021 was 6%, a -16.42% decrease from 2020
- The gross margin generated by Bunge Ltd. in 2020 was 7%
- At a -74% decrease, Bunge Ltd.’s gross margin of 1% was indexed in 2019
- Bunge Ltd. generated a gross margin of 5% in 2018
SWOT Analysis
Strengths
Robust research and development capabilities enable the company to develop high value-add products
Bunge is a strong research and development (R&D), company. Bunge’s R&D activities focus on improving its products and developing new products that are based on changing market trends. The company’s ability to improve its processes will lead to growth and add value to its core business operations. The company’s global network of 17 research and development centers is dedicated to product enhancement and development in the food and ingredient business.
Bunge Ventures, the company’s corporate venture capital unit invests in start-ups and early-stage companies that are developing new technologies. Bunge Ventures, its corporate venture capital unit, invested US$ 15 million in R&D during FY2019. This gives Bunge a ‘first-mover’ advantage, launching new products before the competition, and delivering advanced products and services to its customers.
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