CONTENT PREVIEW
Equipment

High order volume and strong sales propel JBT AeroTech

26 February 2019

JBT Corporation revenues increased by 17.4% in 2018 to USD1.9 billion, driven by strong performances in both its business segments: AeroTech and FoodTech.

Operating profits in ground support equipment (GSE) and gate equipment specialist AeroTech grew by 11%, contributing to a 22.9% group-wide increase in 2018.

Revenue in the AeroTech segment rose by 20.5% to USD558.1 million and inbound orders grew by 24% to USD597.2 million. AeroTech’s order backlog increased from USD254 million at the end of 2017 to USD305.9 million by 31 December 2018.

JBT Corporation expects continued growth for AeroTech in 2019 with an anticipated operating margin of 12.5–13%, due not only to organic growth but also to the pending acquisition of electric GSE manufacturer LEKTRO Inc.

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RELEVANT PROFILE LISTINGS

  • POITIERS BIARD

    PIS/LFBI AIRFIELD REF PT.: N46 35.15 E000 18.24 ELEVATION : 423' 129m CFR : 5 MAX RWY LENGTH : 7,710' 2,350 m General Information SURFACE : Rwy 03/21, 7,710' 2,350 m, width 148' 45 m, asphalt, PCN 44 F/C/W/T. ADDITIONAL RUNWAYS : Rwy 03R/21L, 2,297' 700 m, width 148' 60 m, grass, Rwy 03L/21R,

  • HORTA

    HOR/LPHR AIRFIELD REF PT.: N38 31.19 W028 42.95 ELEVATION : 118' 36m CFR : 6 MAX RWY LENGTH : 5,233' 1,595m General Information SURFACE : Rwy 10/28, 5,233' 1,595 m, width 148' 45 m, asphalt. ADDITIONAL RUNWAYS : None. RUNWAY LIGHTING : Rwy 10: LIRL, REIL, ALSF-2, PAPI.Rwy 28: LIRL, REIL, ALSF-2,

  • PICO

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  • SANTA MARIA

    SMA/LPAZ AIRFIELD REF PT.: N36 58.28 W025 10.24 ELEVATION : 308' 94m CFR : 7 MAX RWY LENGTH : 10,000' 3,048m General Information SURFACE : Rwy 18/36, 10,000' 3,048 m, width 197' 60 m, concrete. ADDITIONAL RUNWAYS : Rwy 15/33, 6,004' 1,830 m; Rwy 04/22, 4,345' 1,324 m; both asphalt; both closed.

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