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April 5, 2024
JBT Corporation , a leading global technology solutions provider to high-value segments of the food & beverage industry, today announced that JBT and Marel hf. have executed a definitive transaction...
April 5, 2024
Marel today announces it has entered into a transaction agreement with John Bean Technologies Corporation related to JBT’s previously announced intention to make a voluntary takeover offer for all...
February 19, 2024
Conestoga Capital Advisors, an asset management company, released its “SMid Cap Strategy” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here.
January 19, 2024
Key Highlights: Full year 2023 preliminary earnings per share in excess of guidance driven by strong operational execution; a discrete tax benefit of approximately $0.33 per share favorably...
December 13, 2023
Combination would create a leading global food and beverage technology solutions company Enhanced proposal of €3.40 per Marel share offers 46 percent premium to Marel’s unaffected closing share...
April 28, 2021
Marel Q1 2021: Scaling up ahead of the growth curve April 28, 2021 13:50 ET | Source: Marel hf. Marel hf. Margins impacted by logistics and mobility challenges as the pandemic escalated Profitability hampered by step up in sales and service coverage and strategic improvement initiatives Orders received were EUR 369.4m (1Q20: 351.8m). The order book Revenues were EUR 334.0m (1Q20: 301.6m). EBIT 1 margin of 11.4% (1Q20: 8.4%). Net result was EUR 21.2m (1Q20: 13.4m). B...