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JBTM News
JBTM Events
JBT Marel Affirms 2026 Revenue Outlook of $3.99B-$4.065B
Affirms 2026 revenue outlook $3.99B-$4.065B, consensus $4.03B. The company said, "JBT Marel is reiterating its full year 2026 guidance for revenue and adjusted EBITDA margin. It has refined its guidance for adjusted EPS to reflect updated assumptions for depreciation and amortization expense and the effective tax rate. The Company also updated its full year 2026 net income margin and GAAP EPS guidance primarily to reflect the non-cash, non-recurring impairment charge incurred in the second quarter."
Company Reports Q2 Revenue of $981M, Beating Expectations
Reports Q2 revenue $981M, consensus $944.46M. The company said, ""We are extremely pleased with the continued orders strength, which was led by robust demand in our Prepared Food and Beverage Solutions segment with strong customer investment in downstream, further processing technology. While we experienced some operational inefficiencies and logistics constraints in the Prepared Food and Beverage Solutions segment in the second quarter, our record backlog, coupled with the fundamental benefits of the JBT Marel combination and ongoing operational improvement initiatives, provide visibility into our second half 2026 outlook and further our confidence in achieving our full year revenue and adjusted EBITDA guidance."
Company Reports Q1 Revenue of $936M, Exceeding Expectations
Reports Q1 revenue $936M, consensus $924.84M. "We started 2026 on a positive note, marking the second consecutive quarter with inbound orders above $1 billion," said Brian Deck, CEO. "Our orders reflected strong demand across our Prepared Food and Beverage Solutions and Protein Solutions segments." "During the Q1, we hosted our 2026 Investor Day," continued Deck. "We introduced our NextGen strategy, which further elevates our value proposition by advancing our customer-centric service model, enhancing our full-line product offering with targeted innovation, expanding commercial opportunities through cross-selling, and harnessing our continuous improvement culture to reduce complexity and achieve sustainable margin expansion."
JBT Marel Reaffirms FY26 Revenue View of $3.990B-$4.065B
Reaffirms FY26 revenue view $3.990B-$4.065B, consensus $4.02B. The company added, "For the FY26, given the continued demand strength experienced in the Q1, JBT Marel still expects year-over-year consolidated revenue growth of 5%-7%, which is inclusive of approximately 1% foreign exchange translation benefit. From a tariff perspective, while there are several moving components, the Company expects the impact of recent tariff policy changes to be in-line with the previously disclosed full year 2026 estimated net impact of 25 to 50 basis points, which is inclusive of all mitigation efforts. The Company remains on-track to achieve an estimated $60M in realized synergy cost savings for the FY26. For the FY26, JBT Marel expects to incur certain one-time and acquisition related costs from the Marel transaction, which are included in net income margin and GAAP diluted EPS guidance and excluded from adjusted EPS and adjusted EBITDA margin guidance. These include approximately $178M in acquisition related amortization and depreciation, $20M in M&A related costs, and $30M in restructuring costs. FY26 total depreciation and amortization is expected to be approximately $268M. Interest expense is estimated to be approximately $50M, and other financing income related to cross currency swaps on the Term Loan B is expected to be approximately $10M. The full year tax rate is anticipated to be 23%-24%."
Sees FY26 Revenue at $3.99B-$4.065B
Sees FY26 revenue $3.99B-$4.065B, consensus $3.94B.
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