MAREL Marel hf.

Marel: Notification regarding market making agreements

Marel: Notification regarding market making agreements

Marel has received notifications from Kvika banki and Íslandsbanki as market makers for the Company on Nasdaq Iceland, that in light of unusual circumstances in the financial markets they reserve the right to deviate from the market making agreements concerning prices and spread while such circumstances are in place.



EN
12/03/2020

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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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