MAREL Marel hf.

Marel: Changes to market making agreements with Íslandsbanki hf. and Kvika banki hf. on Nasdaq Iceland

Marel: Changes to market making agreements with Íslandsbanki hf. and Kvika banki hf. on Nasdaq Iceland

Changes have been made to market making agreements dated 21 February 2020 between Marel hf. and Íslandsbanki hf. and Kvika banki hf. as market makers for Marel shares on Nasdaq Iceland. The changes entail that daily bid and ask offers of each market maker will be for a minimum of 30,000 shares instead of 40,000 shares before.

The change is effective as of 5 January 2021.

Investor Relations

For further information, please contact Marel Investor Relations via email  and tel. .

About Marel

Marel (NASDAQ: MAREL; AEX: MAREL) is a leading global provider of advanced food processing equipment, systems, software and services to the poultry, meat and fish industries. Following the closing of the TREIF acquisition on 8 October 2020, Marel has around 7,000 employees in over 30 countries. In 2019, Marel delivered EUR 1.3 billion in revenues, and invests around 6% of revenues in innovation annually. By continuously transforming food processing, Marel enables its customers to increase yield and throughput, ensure food safety and improve sustainability in food production. Marel was listed on NASDAQ Iceland in 1992 and dual-listed on Euronext Amsterdam in June 2019.





EN
04/01/2021

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Reports on Marel hf.

Martijn Den Drijver
  • Martijn Den Drijver

MAREL HF : A solid quarter, 2024 guidance to be met, slight delay in J...

>Beats on order intake and EBIT (margin), sales a miss, ND/EBITDA down - MAREL beat css on order intake which is encouraging, also because order intake is up both QoQ and YoY (+3%). Sales of €387m missed css by 4%, primarily because of 1/ weak ad-hoc orders as order intake has been weak for a few quarters now and 2/weak sales in Poultry and Fish. Adjusted EBIT came in at €36.2m or a margin of 9.4% versus css of €33.4m or a margin of 8.3%. That is a beat of 8% on adj....

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