Successful Integration of Viterra
The integration of Viterra was completed, and tangible benefits are being realized from the merger. The company is seeing improved agility, transparency, and collaboration across its operations.
Strong Performance in Soybean and Softseed Segments
Third-quarter results reflected strong performance in soybean and softseed processing and refining segments, driven by higher margins and strong execution.
Increased Production Capacity
Higher processing volumes were reported due to increased production capacity in Argentina, Canada, and Europe.
Record Adjusted Segment EBIT
Adjusted segment EBIT was $924 million, a significant increase from $559 million last year, reflecting improved results in various segments.
Strong Capital Allocation and Share Buyback
The company generated approximately $1.2 billion of adjusted funds from operations and completed share buybacks of $545 million.