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Executive summary Third sequential quarter of record orders received. Order book and pipeline remain strong fueled by pioneering solutions and scale up in local market coverage...
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). Basic earnings per share (EPS) were EUR 2.82 cents (1Q20: 1.76 cents). Cash flow from operating acti...