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JBT Marel Presents Plan to Deliver About $150 Million in Cost Synergy Savings for FY 2028
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JBT Marel Presents Plan to Deliver About $150 Million in Cost Synergy Savings for FY 2028
  • JBT Marel remains on track to deliver approximately $150 million in realized cost synergies for fiscal 2028.
  • Annual run-rate savings are targeted at approximately $115 million exiting 2026, rising to approximately $150 million exiting 2027.
  • The board increased the share repurchase authorization by $500 million, bringing the total program to $700 million.
  • Third-quarter 2026 repurchases totaled approximately $94 million, while leverage remained below 2.5 times.
  • Trailing 12-month revenue through September 30, 2026, was approximately $3.9 billion, with an adjusted EBITDA margin of 16.6%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JBT Marel Corporation published the original content used to generate this news brief on November 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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