JBT Marel realigns segments into Protein Solutions and Prepared Food & Beverage Solutions

JBT MAREL Corp

New segments replace prior JBT/Marel structure, effective Q4 2025, with recast historical data.
Protein Solutions Q3 2025 revenue $440.8M, Adj. EBITDA $94.0M; Prepared Food & Beverage Solutions revenue $560.5M, Adj. EBITDA $102.4M.
FY 2024 recast: Protein Solutions revenue $168.7M, Adj. EBITDA $57.5M; Prepared Food & Beverage Solutions revenue $1,547.3M, Adj. EBITDA $301.2M.
No impact on previously reported consolidated revenue, earnings, or EPS.
Recast data provided for Q1-Q3 2025 and FY2024/2023; total segment Adj. EBITDA excludes corporate expenses.

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