Bunge Global SA (BG) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased sharply compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 FY
Revenue for the quarter increased sharply compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.9B
Revenue reported for this quarter.
Quarter-over-quarter
+243.0%
Change from the immediately preceding quarter.
Year-over-year
-10.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$28.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $15.3B | -3.5% |
| Jun 30, 2023 | -$6.2B | -134.7% |
| Sep 30, 2023 | $4.4B | -74.0% |
| Dec 31, 2023 | $14.9B | -10.3% |
Revenue performance
The reported revenue direction is upward from the prior quarter, reversing a downward trend seen in the previous period.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose significantly. Compared to the same quarter one year earlier, revenue was lower.
What to watch
The filing notes that risk management strategies may not fully hedge commodity price fluctuations, which could affect future revenue stability.