Midera Food Processing (MFP) Investor Day 2026 summary

Strategic vision and growth drivers

• Aims to be a global leader in innovative food processing technologies, focusing on efficiency, sustainability, and customer value.

• Growth is driven by Total Line Solutions, market penetration, aftermarket expansion, and disciplined M&A.

• Forecasts 5-7% organic net sales CAGR from FY 2025A to 2028E, with ~500 basis points EBITDA margin uplift.

• Leverages a diversified portfolio of 30+ brands and a global footprint to serve protein, bakery, and snack markets.

• Industry tailwinds include automation, food safety, sustainability, and evolving consumer preferences.

Financial performance and outlook

• FY 2025A net sales reached $853M with a 16.4% standalone adjusted EBITDA margin.

• Q1 2026 net sales grew 34% YoY, with strong order and backlog growth across all categories.

• 2026E net sales are guided at $915–$945M, with standalone adjusted EBITDA of $154–$176M and margin improvement to 17.7%.

• Medium-term targets include 5–7% organic net sales CAGR, 20–23% EBITDA margin by 2028, and 50–55% FCF conversion.

• Maintains a clean balance sheet, sub-3x net leverage, and over $700M M&A capacity for the next three years.

Business model and operational excellence

• Focuses on high-value, further processing solutions with over 100,000 units installed globally.

• Total Line Solutions deliver high ROI for customers, reducing labor, improving yields, and enabling automation.

• Aftermarket parts and service represent 38% of net sales, with >90% attachment on Total Line Solutions.

• Operational excellence is driven by the Midera Operating System, supply chain optimization, and innovation centers.

• Ongoing investments in innovation, with 70+ new products in the pipeline and dedicated centers worldwide.