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Marel, Loneg close deal on a major greenfield beef project

Marel, Loneg close deal on a major greenfield beef project
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Marel: Introducing Focus First operating model and

To position Marel for future growth and ensure long-term profitability. Marel is refining its operating model enabling customer-centricity, enhancing. ....

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Marel Q2 2022: Record orders, margins below expectations, price and cost measures enacted to improve operational performance

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. ....

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Marel: Orders up by 22% in 2021, fueled by pioneering

EXECUTIVE SUMMARY 2021 Highlights: Record orders received and strong pipeline, fueled by pioneering solutions and scale up in local sales and. ....

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Marel Q1 2021: Scaling up ahead of the growth curve

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 activities before interest and tax was EUR 60.2m (1Q20: 61.5m).
Free cash flow at EUR 45.5m (1Q20: 38.6m) ....

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