JBT Marel Corporation (JBTM) Q2 2025 Earnings Call Transcript

JBT Marel Corporation (NYSE:JBTM) Q2 2025 Earnings Conference Call August 5, 2025 10:00 AM ET

Company Participants

Arni Sigurdsson - President
Brian A. Deck - CEO & Director
Marlee Spangler - Director of Investor Relations
Matthew J. Meister - Executive VP & CFO

Conference Call Participants

Justin Ian Ages - CJS Securities, Inc.
Mircea Dobre - Robert W. Baird & Co. Incorporated, Research Division
Ross Riley Sparenblek - William Blair & Company L.L.C., Research Division
Saree Emily Boroditsky - Jefferies LLC, Research Division
Walter Scott Liptak - Seaport Research Partners

Operator

Welcome to JBT Marel's Earnings Conference Call for the Second Quarter of 2025. My name is Tiffany, and I will be your conference operator today. As a reminder, today's call is being recorded. [Operator Instructions]

I'll now turn the call over to JBT Marel, Senior Director of Investor Relations, Marlee Spangler to begin today's conference.

Marlee Spangler

Thank you, Tiffany. Good morning, everyone, and thank you for joining our conference call. With me on the call today is Chief Executive Officer, Brian Deck, President, Arni Sigurdsson and Chief Financial Officer, Matt Meister.

In today's call, we will use forward-looking statements that are subject to the safe harbor language in our press release and 8-K filing. JBT Marel's periodic SEC filings also contain information regarding risk factors that may have an impact on our results. These documents are available in the Investor Relations section of our website. Also, our discussion today includes references to certain non- GAAP measures. A reconciliation of these measures to the most comparable GAAP measures can be found in the Investor Relations section of our website.

With that, I'll turn the call over to Brian.

Brian A. Deck

Thanks, Marlee. JBT posted a strong performance in the second quarter, aided by a few factors, including mix and foreign exchange that