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JBT Marel Corporation supplies technology solutions for high-value food and beverage processing markets through integrated equipment, service, software and application expertise. The company reports through Protein Solutions and Prepared Food and Beverage Solutions, covering animal protein processing as well as downstream preparation, preservation and packaging for foods, beverages and related end markets.
Recurring JBTM news includes quarterly earnings, guidance, segment results, order trends, dividends, investor presentations and strategy updates. Company announcements also cover product and market developments such as citrus juicing technology for foodservice, pet food extrusion brands including Wenger and Extru-Tech, Customer Innovation Centers, and automation solutions used across the global food supply chain.
JBT Marel Corporation (NYSE, Nasdaq Iceland: JBTM) has declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable on June 10, 2025, to stockholders of record as of May 27, 2025.
JBT Marel is a global technology solutions provider focusing on the food & beverage industry. The company specializes in designing, manufacturing, and servicing advanced technology, systems, and software for various food and beverage end markets. Their solutions aim to optimize food yield, enhance efficiency, improve food safety, and reduce waste across the global food supply chain.
JBT Marel (NYSE/Nasdaq Iceland: JBTM) has scheduled its first quarter 2025 earnings release for Monday, May 5, 2025, before market opening. The company will host an earnings conference call the same day at 11:00 AM ET / 15:00 GMT.
JBT Marel is a global technology solutions provider for the food & beverage industry, combining JBT and Marel's strengths. The company specializes in designing, manufacturing, and servicing technology, systems, and software for food and beverage end markets, with operations across more than 30 countries. Their solutions focus on optimizing food yield, improving efficiency, enhancing food safety, and reducing waste in the global food supply chain.
JBT Marel (NYSE and Nasdaq Iceland: JBTM) has announced a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable on March 24, 2025, to stockholders of record at the close of business on March 10, 2025.
JBT Marel is a global technology solutions provider focusing on the food & beverage industry, combining JBT and Marel's strengths. The company specializes in designing, manufacturing, and servicing technology, systems, and software for food and beverage end markets, with operations in over 30 countries. Their solutions aim to optimize food yield, improve efficiency, enhance food safety, and reduce waste across the global food supply chain.
JBT Marel (NYSE: JBTM) reported its Q4 and full-year 2024 results, highlighting the successful completion of JBT and Marel combination on January 2, 2025. JBT standalone achieved record quarterly orders of $523M, with full-year revenue reaching $1,716M (3% increase). Full-year income from continuing operations was $85M, while adjusted EBITDA grew 8% to $295M.
Marel standalone reported full-year 2024 revenue of €1,643M (5% decline), though aftermarket revenue increased 5% to €821M. The company posted a net loss of €25M, with adjusted EBITDA at €200M, impacted by €17M in unfavorable year-end adjustments.
For 2025 guidance, JBT Marel expects combined revenue of $3,575-3,650M, with anticipated cost synergies of $35-40M. The company raised its three-year cost synergy expectations from $125M to $150M. Net debt stands at approximately $1.9B, with leverage ratio projected to be below 3.0x by year-end 2025.
JBT Marel (NYSE and Nasdaq Iceland: JBTM) has scheduled its fourth quarter and full year 2024 earnings conference call for Tuesday, February 25, 2025, at 10:00 AM ET. The company will release its financial results after market close on Monday, February 24, 2025.
The conference call will be conducted as a live webcast, with replay availability shortly after the call ends. During the call, management will discuss the 2024 financial results and provide updates on the combined company, including the 2025 outlook.
JBT Marel operates as a leading global technology solutions provider for the food & beverage industry, employing approximately 11,700 people worldwide with operations in more than 30 countries. The company focuses on designing, manufacturing, and servicing technology, systems, and software for food and beverage end markets.
JBT Marel (NYSE and Nasdaq Iceland: JBTM) announced the completion of JBT 's voluntary takeover of Marel hf. The combined company began trading under the ticker 'JBTM' on both NYSE and Nasdaq Iceland. Brian Deck will serve as CEO and Árni Sigurdsson as President of JBT Marel.
The company has initiated a compulsory acquisition of remaining Marel shares, expected to complete in February 2025. Marel shares will be delisted from Euronext Amsterdam and Nasdaq Iceland, with the last trading day being January 3, 2025. The company plans to report standalone JBT financial results for Q4 and full-year 2024 in late February 2025, along with providing an update on combined company financials and 2025 outlook.