secwatch.observer — SEC 8-K summary
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Issuer:     JBT MAREL Corp (JBTM)
CIK:        0001433660
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001193125-25-039396
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marel 2024 revenue EUR 1.64B, net loss EUR 25M vs prior year profit
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- Revenue of EUR 1,642.7 million, down 4.6% YoY from EUR 1,721.4M.
- Net loss of EUR 25.1 million vs net profit of EUR 31.0M in 2023; operating profit fell to EUR 67.0M from EUR 93.6M.
- Total assets EUR 2,555.2M; total shareholders' equity EUR 1,007.9M; cash and equivalents EUR 83.2M.
- Debt: current borrowings EUR 436.7M, non-current borrowings EUR 392.8M; net finance costs EUR 68.7M.
- Marel delisted from Nasdaq Iceland and Euronext Amsterdam on Jan 3, 2025 after JBT takeover.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433660/000119312525039396/0001193125-25-039396-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433660/000119312525039396/d791560d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-039396

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