John Bean Tech ( (JBTM) ) has released its Q2 earnings. Here is a breakdown of the information John Bean Tech presented to its investors.
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JBT Marel Corporation is a global technology solutions provider specializing in high-value segments of the food and beverage industry, offering cutting-edge technology, systems, and software to optimize food yield and efficiency while reducing waste across the global food supply chain.
In the second quarter of 2025, JBT Marel Corporation reported financial results that surpassed expectations, driven by strong recurring revenue and favorable foreign exchange impacts. The company achieved quarterly orders of $938 million and a backlog of $1.4 billion, with revenue totaling $935 million, over half of which was generated from recurring revenue.
Key financial metrics for the quarter included an income from continuing operations of $3 million and an adjusted EBITDA of $156 million, representing a margin of 16.7%. The company realized $8 million in synergy savings from integration efforts and reported a diluted EPS of $0.07 and an adjusted EPS of $1.49. JBT Marel also successfully reduced its leverage ratio, demonstrating strong cash flow management.
Looking ahead, JBT Marel has re-established its full-year 2025 guidance, reflecting greater clarity around tariff policies and a robust backlog. The company anticipates additional costs from tariffs in the second half of 2025 but expects continued synergy benefits and favorable foreign exchange impacts to support its financial performance.
With a focus on strategic integration and operational efficiency, JBT Marel remains well-positioned to navigate the dynamic market environment and deliver value to its stakeholders in the coming quarters.