JBT Marel targets 20% adjusted EBITDA margin by 2028, investor deck shows
JBTM•Integration and synergy plan
The integration plan reiterated about USD 150 million total cost synergies through 2028, with annual run-rate savings targeted by the end of 2027.
Current revenue mix and profitability
Trailing 12-month revenue as of June 30, 2026 was about USD 3.6 billion, with a 16.4% adjusted EBITDA margin.
Revenue mix showed 50% recurring revenue, with 55% from Prepared Food and Beverage Solutions and 45% from Protein Solutions.
2028 targets outlined in investor deck
JBT Marel outlined 2028 targets including 5%-7% organic revenue CAGR and a 20% adjusted EBITDA margin.
Free cash flow conversion target was set at 55%-60% of adjusted EBITDA, with ROIC targeted in the double digits.
