Walter Liptak

Mircea Dobre

Robert Samuel Karlov

Ross Sparenblek

- JBT Marel delivered strong Q3 2025 results, with **revenue of $1,001 million**, **Adjusted EBITDA of $171 million**, and **Adjusted EPS of $1.94**, all exceeding expectations.  **[0001433660_2228399:6]** 
- The company generated **$88 million** in quarterly cash from operating activities and **$163 million** in year-to-date free cash flow.  **[0001433660_2228399:6]** **[0001433660_2228399:18]** 
- JBT Marel raised its full-year 2025 guidance, projecting **revenue between $3,760 million and $3,790 million** and **Adjusted EPS between $6.10 and $6.40**.  **[0001433660_2228399:13]** 
- The company further de-levered its balance sheet, achieving a bank leverage ratio of **2.7x** and a net debt to trailing twelve months pro forma adjusted EBITDA of **3.1x**, while also realizing **$14 million** in year-over-year synergy savings in Q3 2025.  **[0001433660_2228399:6]** **[0001433660_2228399:9]** **[0001433660_2228399:19]**

Company not found (JBT)