Jacqualyn Fouse, Chief Financial Officer, stated, "Looking forward, we
expect the improved market fundamentals that we experienced in 2007 to
continue into 2008, though as previously mentioned, we do see some
headwinds. In consideration of this outlook, our 2008 full-year net income
guidance is $830 million to $870 million, or $6.01 to $6.30 per share. This
fully diluted per share guidance is based on an estimated weighted average
of 138 million shares outstanding, which includes assumed dilution relating
to our convertible preference shares."
"Additionally, our 2008 guidance includes the following:
-- Depreciation, Depletion and Amortization: $450 million to $470 million
-- Capital Expenditures (net of asset dispositions): $1 billion to $1.1
billion, of which approximately 30% will be invested in sustaining,
maintenance, safety and environmental projects.
-- Tax Rate: 24% to 28%."
Conference Call and Webcast Details
Bunge Limited's management will host a conference call at 10:00 a.m. EST on Thursday, February 7, 2008, to discuss the company's results.
Additionally, a slide presentation to accompany the discussion of the fourth quarter financial results can be found in the 'Investor Information' section of our Web site, http://www.Bunge.com, under 'Investor Presentations'.
To listen to the conference call, please dial (877) 718-5111. If you
are located outside of the United States or Canada, dial (719) 325-4762.
Please dial in five to 10 minutes before the scheduled start time. When
prompted, enter confirmation code 7165114. The conference call will also be
available live on the company's Web site at '/>"/>
|SOURCE Bunge Limited|
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