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John Bean Technologies Corporation  (NYSE: JBT)
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Price: $125.3200 $-2.10 -1.648%
Day's High: $129.3 Week Perf: -4.82 %
Day's Low: $ 124.94 30 Day Perf: 0.15 %
Volume (M): 503 52 Wk High: $ 132.69
Volume (M$): $ 63,075 52 Wk Avg: $100.95
Open: $128.00 52 Wk Low: $82.64



 Market Capitalization (Millions $) 4,029
 Shares Outstanding (Millions) 32
 Employees 5,100
 Revenues (TTM) (Millions $) 1,554
 Net Income (TTM) (Millions $) 151
 Cash Flow (TTM) (Millions $) 269
 Capital Exp. (TTM) (Millions $) 37

John Bean Technologies Corporation
We are a leading global technology solutions provider to high-value segments of the food & beverage and air transportation industries. We design, manufacture, test and service technologically sophisticated systems and products for customers through our JBT FoodTech and JBT AeroTech segments.

JBT FoodTech markets its solutions and services to multinational and regional industrial food and beverage companies. The product offerings of our FoodTech businesses include:

Protein. JBT FoodTech provides comprehensive solutions to our Protein customers that include mixing/grinding, injecting, marinating, tumbling, portioning, coating, frying, and freezing for poultry, beef, pork and seafood, as well as ready-to-eat meals, fruits, vegetables, dairy, and bakery products.

Liquid Foods. Our Liquid Foods portfolio includes fruit and juice solutions that extract, concentrate and aseptically process citrus, tomato and other fruits, vegetables, and juices. It also includes in-container solutions for the filling, closing and sterilization of fruits, vegetables, soups, sauces, dairy, and pet food products as well as ready-to-eat meals in a wide variety of modern packages. Strategic acquisitions completed in 2015 have added to our product portfolio significant capabilities in the dairy and juice sterilization and filling segments, as well as in customized skidded systems and tank and vessel manufacturing capabilities for a broad array of market segments.

Automated Systems. JBT FoodTech provides fully integrated automated guided vehicle systems for repetitive material movement requirements, for example in manufacturing and warehouse facilities.

JBT AeroTech markets its solutions and services to domestic and international airport authorities, passenger airlines, airfreight and ground handling companies, military forces and defense contractors. The product offerings of our AeroTech businesses include:

Mobile Equipment. JBT AeroTech’s portfolio of mobile air transportation equipment includes commercial and military cargo loading, aircraft deicing, aircraft towing, and ground aircraft power and cooling systems.

Fixed Equipment. JBT AeroTech provides gate equipment for passenger boarding.

Airport Services. JBT AeroTech includes the maintenance of airport equipment, systems, and facilities

JBT FoodTech supplies both customized industrial and turnkey solutions and services used in the food processing industry. We design, manufacture and service technologically sophisticated food processing systems for the preparation of meat, seafood and poultry products, ready-to-eat meals, shelf stable packaged foods, bakery products, juice and dairy products, and fruit and vegetable products.

We believe our success is derived from our continued innovation, applying our differentiated and proprietary technologies to meet our customers’ food processing needs. We continually strive to improve our existing solutions and develop new solutions by working closely with our customers to meet their evolving needs.

Our historically strong position in the markets we serve has provided us with a large installed base of systems and equipment. We deliver industrial capacity food processing equipment which includes freezers, citrus juice extractors, sterilization systems and coating systems. The installed base of our equipment provides a stream of recurring revenue from aftermarket products, parts,

JBT AeroTech supplies customized solutions and services used for applications in the air transportation industry, including airport authorities, airlines, airfreight, and ground handling companies, the military and defense contractors. We believe our strong market positions result from our ability to customize our equipment and services utilizing differentiated technology to meet the specific needs of our customers. We continually strive to improve our existing technologies and develop new technologies by working closely with our well established customer base.



   Company Address: 70 West Madison Street, Chicago, 60602 IL
   Company Phone Number: 861-5900   Stock Exchange / Ticker: NYSE JBT


   

Stock Performances by Major Competitors

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Business Update

JBT Corporation Secures All Regulatory Clearances in Strategic Acquisition of Marel hf., Paving the Way for Transform...

Published Thu, Nov 28 2024 3:47 AM UTC

In a move poised to significantly reshape the technological landscape of the food and beverage industry, JBT Corporation, a prominent global technology solutions provider, has announced it has officially obtained all necessary regulatory approvals to complete its acquisition of Icelandic company Marel hf. This eagerly awaited development was confirmed following the European ...

Business Update

JBT Corporation Secures Regulatory Approval for Marel Acquisition Amidst Stock Challenges,

Published Wed, Nov 27 2024 4:47 PM UTC

JBT Corporation Nears Completion of Marel Acquisition Amid Mixed Market Performance John Bean Technologies Corporation (JBT), a prominent player in the food processing and air transportation industries, announced that it has received all necessary regulatory clearances for its proposed acquisition of Marel hf, an Iceland-based global provider of advanced food processing syst...

Dividend

JBT Corporation Sets Stage for Stability with Quarterly Dividend Declaration Amid Competitive Capital Goods Landscape,

Published Sun, Aug 11 2024 5:42 PM UTC

JBT Corporation Declares Quarterly Dividend, Reflecting Commitment to Shareholders and Stability Amid Market Fluctuations
CHICAGO In a move that underscores its commitment to shareholders, JBT Corporation (NYSE: JBT) announced on August 8, 2024, that its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend...

Dividend

JBT Corporation Declares Dividend: A Testament to Strength in the Global Food Technology Sector,

Published Fri, Aug 9 2024 5:10 AM UTC



JBT Corporation Declares Quarterly Dividend Amidst Strong Financial Performance
In a notable move indicative of its sustained growth and operational stability, JBT Corporation, a prominent global technology solutions provider in the food and beverage sector, announced on August 8, 2024, that its Board of Directors has declared a quarterly cash dividend of $0.1...

Business Update

JBT Corporation Seeks to Acquire Marel hf. A Strategic Move to Strengthen Global Leadership in the Food and Beverage ...

Published Wed, Jun 19 2024 4:52 AM UTC

In a bid to further solidify its position as a global technology solutions provider in the food and beverage industry, JBT Corporation (NYSE: JBT) has recently announced its voluntary takeover offer to acquire all outstanding shares of Marel hf. (ICL: Marel). This strategic move is set to reshape the industry landscape and propel JBT Corporation to new heights. With the immi...







John Bean Technologies's Segments

  John Bean Technologies Outlook

On February 20 2024 the John Bean Technologies provided following guidance

ution provider and further enhancing our capabilities and offerings for our customers. Looking ahead to 2024, we are confident in our ability to deliver solid organic revenue growth and continued margin expansion as we capitalize on the trends and opportunities in the food and beverage industry.

For the fourth quarter of 2023, JBT reported revenue of $783 million, an increase of 4% compared to the same period last year. The company's gross profit margin for the quarter was 36.2%, up from 34.8% in the fourth quarter of 2022. Net income for the quarter was $52 million, or $0.81 per share.

For the full year 2023, JBT reported revenue of $2.94 billion, an increase of 5% compared to 2022. The compan...





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