JBT Marel Corporation reported its standalone results for the fourth quarter and full year 2024, alongside highlights for Marel's standalone full year 2024 performance. The company's full-year 2024 revenue reached US$1.72 billion, representing a 3.1% increase from fiscal year 2023.
The company also established its initial full-year 2025 guidance, projecting constant currency revenue growth of 4.5% to 6.5%. Additionally, JBT Marel anticipates an Adjusted EBITDA margin in the range of 15.75% to 16.5% for the full year.
While specific details on Q4 2024 earnings per share were not fully disclosed, reports indicated that the company missed analyst EPS estimates by 29%. This mixed performance reflects the period prior to the full integration of the Marel acquisition, which was completed in early 2025.
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