Earnings release
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1/22/26 , 9:01 PM News Release JBT October 27 , 2021 - EX - 99.1 - 8 - K : Current report | JBT Marel Corporation ( JBTM ) For Release : October 27 , 2021 Investors & Media : Kedric Meredith 312.861.6034 Exhibit 99.1 JBT Corporation 70 W. Madison Suite 4400 Chicago , IL 60602 JBT Corporation Reports Third Quarter 2021 Results Robust Demand Offset by Intensified Supply Chain , Labor , and Inflationary Pressures Highlights : Revenue of $ 477 million and earnings per share of $ 0.91 , or $ 1.02 as adjusted Orders increased 24 percent year over year with expansion at FoodTech and Aero Tech Generated strong operating cash flow of $ 33 million and free cash flow of $ 32 million Adjusting full - year guidance to reflect impact from supply chain disruptions and labor challenges CHICAGO , October 27 , 2021 - JBT Corporation ( NYSE : JBT ) , a leading global technology solutions provider to high - value segments of the food & beverage industry , today reported results for the third quarter of 2021 . " JBT continued to enjoy robust demand for our products and services in the third quarter of 2021 , " said Brian Deck , President and Chief Executive Officer . " At the same time , intensifying macro pressures , including material cost inflation , supply chain and logistics disruptions , and labor cost inflation and shortages caused us to fall short of expectations . " Comparisons in this news release are to the comparable period of the prior year , unless otherwise noted . https://ir.jbtmarel.com/sec-filings/all-sec-filings/content/0001433660-21-000031/a2021q3earningsexhibit9918k.htm 1/35