JBT Corporation reported US$273.3 million in revenue for Q3 2015, which is an increase of 12.4% from Q3 2014.
On a constant currency basis, revenue increased 20.5% year over year, including organic revenue growth of 12.0% in constant currency.
Segment operating profit increased 16.3%, or 27.6 on a constant currency basis.
In the third quarter of 2015, inbound orders of US$286.5 million increased 5.3% and backlog grew 7.9% from the prior-year period.
On a constant currency basis, inbound orders increased 15.0%.
Acquisitions
“So far in 2015, we completed the purchase of two leading liquid foods solutions providers,” added Tom Giacomini, chairman, president and CEO.
In Q3 2015, the company completed the acquisition of the shares of Stork Food & Dairy Systems.
On October 1, 2015, JBT completed the acquisition of A&B Process Systems.
