<p>约翰·比恩科技（John Bean Tech，JBT）最近的财报电话会议强调了其强劲的表现，创下了收入新高，并在整合和协同节约方面取得了显著进展。尽管取得了这些成就，公司也承认面临与关税影响和地区业绩差异相关的挑战。</p>
<h2>创纪录的收入和收益</h2>
<p>JBT Marel 在 2025 年第三季度报告了显著的业绩，总收入达到约 10 亿美元，远超预期。这代表着环比增长 7%，超出预测 6500 万美元，展示了公司强大的市场地位和运营效率。</p>
<h2>订单和积压增加</h2>
<p>公司经历了显著的订单增长，总额达到 9.46 亿美元，比去年增长 7%。这一增长主要受到禽类、宠物食品和制药行业需求增加的推动。积压订单最终达到 13 亿美元，为未来的运营提供了坚实的基础。</p>
<h2>EBITDA 利润率改善</h2>
<p>JBT Marel 的调整后 EBITDA 利润率提高至 17.1%，超出预期 140 个基点。这一改善归因于有利的产品组合和成功的协同节约，反映了公司高效的成本管理策略。</p>
<h2>去杠杆进展</h2>
<p>公司在降低财务杠杆方面取得了显著进展，从 4 倍降至 3.1 倍。通过发行 5.75 亿美元的高级可转换债券，JBT Marel 为即将到期的债务提供了良好的预融资，并计划在年底前将杠杆降低至 3 倍以下。</p>
<h2>协同节约和整合</h2>
<p>JBT Marel 在第三季度实现了 1400 万美元的协同节约，预计全年总节约将在 4000 万至 4500 万美元之间。JBT 与 Marel 的整合进展顺利，有助于提高运营效率和降低成本。</p>
<h2>关税影响</h2>
<p>公司在第三季度面临约 1500 万美元的净关税影响，预计在第四季度将增加至 2000 万美元，原因是 232 条款关税。JBT Marel 计划通过国内生产和本地化供应链来减轻这些影响。</p>
<h2>地区业绩参差不齐</h2>
<p>尽管北美需求强劲，但欧洲和亚洲的环比表现较为疲软。这种地区差异突显了公司在不同地理区域面临的市场条件和挑战。</p>
<h2>前瞻性指导</h2>
<p>展望未来，JBT Marel 提高了 2025 年全年的指导，预计收入将在 37.6 亿至 37.9 亿美元之间，调整后的 EBITDA 利润率为 15.75% 至 16%。公司预计订单将继续增长，并计划为蛋白质解决方案和预制食品及饮料解决方案引入新的细分报告，旨在增强透明度和运营重点。</p>
<p>总之，约翰·比恩科技的财报电话会议反映了强劲的整体表现，创下了收入新高，并成功进行了整合工作。尽管面临与关税和地区业绩相关的挑战，公司对未来前景仍持乐观态度，得益于订单增加和强劲的积压。</p>

John Bean科技

<p>John Bean 科技（JBT）报告称，第三季度收入创纪录，约为 10 亿美元，同比增长 7%，超出预期。该公司的订单增长至 9.46 亿美元，调整后的 EBITDA 利润率提高至 17.1%。JBT 将其财务杠杆从 4 倍降低至 3.1 倍，并实现了 1400 万美元的协同效应节省。然而，它面临 1500 万美元的关税影响，预计在第四季度将上升至 2000 万美元。尽管各地区表现不一，JBT 仍提高了全年指引，预计 2025 年的收入将在 37.6 亿至 37.9 亿美元之间</p>

<p>The recent earnings call for John Bean Tech (JBT) highlighted a robust performance, marked by record revenue and significant progress in integration and synergy savings. Despite these achievements, the company acknowledged challenges related to tariff impacts and regional performance disparities.</p>
<div class="lb-trans"><p>约翰·比恩科技（John Bean Tech，JBT）最近的财报电话会议强调了其强劲的表现，创下了收入新高，并在整合和协同节约方面取得了显著进展。尽管取得了这些成就，公司也承认面临与关税影响和地区业绩差异相关的挑战。</p>
</div><h2>Record Revenue and Earnings</h2>
<div class="lb-trans"><h2>创纪录的收入和收益</h2>
</div><p>JBT Marel reported a remarkable performance in Q3 2025, significantly surpassing expectations with total revenue reaching approximately $1 billion. This represents a 7% sequential increase, exceeding forecasts by $65 million, showcasing the company’s strong market position and operational efficiency.</p>
<div class="lb-trans"><p>JBT Marel 在 2025 年第三季度报告了显著的业绩，总收入达到约 10 亿美元，远超预期。这代表着环比增长 7%，超出预测 6500 万美元，展示了公司强大的市场地位和运营效率。</p>
</div><h2>Increased Orders and Backlog</h2>
<div class="lb-trans"><h2>订单和积压增加</h2>
</div><p>The company experienced a notable increase in orders, totaling $946 million, a 7% rise from the previous year. This growth was driven by heightened demand in the poultry, pet food, and pharmaceutical industries. The backlog concluded at $1.3 billion, providing a solid foundation for future operations.</p>
<div class="lb-trans"><p>公司经历了显著的订单增长，总额达到 9.46 亿美元，比去年增长 7%。这一增长主要受到禽类、宠物食品和制药行业需求增加的推动。积压订单最终达到 13 亿美元，为未来的运营提供了坚实的基础。</p>
</div><h2>Improved EBITDA Margin</h2>
<div class="lb-trans"><h2>EBITDA 利润率改善</h2>
</div><p>JBT Marel’s adjusted EBITDA margin improved to 17.1%, surpassing expectations by 140 basis points. This improvement was attributed to a favorable product mix and successful synergy savings, reflecting the company’s efficient cost management strategies.</p>
<div class="lb-trans"><p>JBT Marel 的调整后 EBITDA 利润率提高至 17.1%，超出预期 140 个基点。这一改善归因于有利的产品组合和成功的协同节约，反映了公司高效的成本管理策略。</p>
</div><h2>Deleveraging Progress</h2>
<div class="lb-trans"><h2>去杠杆进展</h2>
</div><p>The company made significant strides in reducing its financial leverage, decreasing from 4x to 3.1x. With the issuance of $575 million in senior convertible notes, JBT Marel is well-positioned to pre-fund upcoming debt and aims to reduce leverage below 3x by the end of the year.</p>
<div class="lb-trans"><p>公司在降低财务杠杆方面取得了显著进展，从 4 倍降至 3.1 倍。通过发行 5.75 亿美元的高级可转换债券，JBT Marel 为即将到期的债务提供了良好的预融资，并计划在年底前将杠杆降低至 3 倍以下。</p>
</div><h2>Synergy Savings and Integration</h2>
<div class="lb-trans"><h2>协同节约和整合</h2>
</div><p>JBT Marel achieved $14 million in synergy savings during Q3, with expectations for total in-year savings between $40 million and $45 million. The integration of JBT and Marel is progressing smoothly, contributing to operational efficiencies and cost reductions.</p>
<div class="lb-trans"><p>JBT Marel 在第三季度实现了 1400 万美元的协同节约，预计全年总节约将在 4000 万至 4500 万美元之间。JBT 与 Marel 的整合进展顺利，有助于提高运营效率和降低成本。</p>
</div><h2>Tariff Impact</h2>
<div class="lb-trans"><h2>关税影响</h2>
</div><p>The company faced a net tariff impact of approximately $15 million in Q3, with an anticipated increase to $20 million in Q4 due to Section 232 tariffs. JBT Marel plans to mitigate these impacts through domestic production and localized supply chains.</p>
<div class="lb-trans"><p>公司在第三季度面临约 1500 万美元的净关税影响，预计在第四季度将增加至 2000 万美元，原因是 232 条款关税。JBT Marel 计划通过国内生产和本地化供应链来减轻这些影响。</p>
</div><h2>Mixed Regional Performance</h2>
<div class="lb-trans"><h2>地区业绩参差不齐</h2>
</div><p>While North America showed strong demand, Europe and Asia experienced softer sequential performance. This regional disparity highlights the varying market conditions and challenges faced by the company in different geographic areas.</p>
<div class="lb-trans"><p>尽管北美需求强劲，但欧洲和亚洲的环比表现较为疲软。这种地区差异突显了公司在不同地理区域面临的市场条件和挑战。</p>
</div><h2>Forward-Looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指导</h2>
</div><p>Looking ahead, JBT Marel has raised its full-year 2025 guidance, projecting revenue between $3.76 billion and $3.79 billion, with an adjusted EBITDA margin of 15.75% to 16%. The company anticipates continued order growth and plans to introduce new segment reporting for Protein Solutions and Prepared Food and Beverage Solutions, aiming to enhance transparency and operational focus.</p>
<div class="lb-trans"><p>展望未来，JBT Marel 提高了 2025 年全年的指导，预计收入将在 37.6 亿至 37.9 亿美元之间，调整后的 EBITDA 利润率为 15.75% 至 16%。公司预计订单将继续增长，并计划为蛋白质解决方案和预制食品及饮料解决方案引入新的细分报告，旨在增强透明度和运营重点。</p>
</div><p>In summary, the earnings call for John Bean Tech reflected a strong overall performance with record revenue and successful integration efforts. Despite challenges related to tariffs and regional performance, the company remains optimistic about its future prospects, supported by increased orders and a robust backlog.</p>
<div class="lb-trans"><p>总之，约翰·比恩科技的财报电话会议反映了强劲的整体表现，创下了收入新高，并成功进行了整合工作。尽管面临与关税和地区业绩相关的挑战，公司对未来前景仍持乐观态度，得益于订单增加和强劲的积压。</p>
</div>

John Bean Tech 报告创纪录的第三季度收入和收益