Marel upped sales and revenue, but profit dipped in 2022
Gardabaer, Iceland-based Marel posted higher sales and revenue in 2022, but its net result dropped.
Source: seafoodsource.com
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Stranda Prolog bankruptcy puts EUR 7 million dent into Marel's accounts
Kristiansund, Norway-based seafood-processing technology firm Stranda Prolog filed for insolvency on 5 September, 2022.
Source: seafoodsource.com
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...
Source: globenewswire.com
Marel closes Valka acquisition
Marel has closed its acquisition of Kópavogur, Iceland-based whitefish- and salmon-processing specialist Valka.
Source: seafoodsource.com
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 acti...
Source: globenewswire.com