MAREL Marel hf.

Marel: Q2 2019 Investor Meeting Presentation

Marel: Q2 2019 Investor Meeting Presentation

Marel hf. published its Q2 2019 Condensed Consolidated Financial Interim Statements after market closing on 24 July 2019.  Please find attached the 2Q 2019 investor presentation.

Investor meeting – live webcast and conference call

Today, Thursday 25 July 2019, at 8:30 am GMT (10:30 am CET), market participants are invited to an investor meeting where CEO Árni Oddur Thórdarson and CFO Linda Jónsdóttir will give an overview of the financial results and operational highlights.

Please note that the meeting is webcast live on and a recording will be available after the meeting on marel.com/IR.

Members of the investment community can join the conference call at:

IS:

NL:

UK:

US:

Investor relations

For further information, please contact Marel Investor Relations via email or 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. Our united team of more than 6,000 employees in over 30 countries delivered EUR 1.2 billion in revenues in 2018 and operated at a 14.6% EBIT margin. Annually, Marel invests around 6% of revenues in innovation which translated to EUR 74 million in 2018. By continuously advancing food processing, we enable our customers to increase yield and throughput, ensure food safety and traceability, and improve sustainability in food production. Listed on NASDAQ Iceland since 1992, Marel had a public offering and listing of 15% of its shares on Euronext Amsterdam in June 2019.

Attachment

EN
25/07/2019

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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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