MAREL Marel hf.

Subject: Marel: 2Q 2018 published 25 July, investor meeting on July 26, 2018

Subject: Marel: 2Q 2018 published 25 July, investor meeting on July 26, 2018

Marel hf. will publish its 2Q 2018 interim consolidated financial statements after market closing on July 25, 2018.

Investor meeting and webcast

On Thursday July 26, 2018, at 8:30 am (GMT), Marel will host an investor meeting where CEO Arni Oddur Thordarson and CFO Linda Jonsdottir will give an overview of the financial results and operational highlights.

The investor meeting will be held at the company's headquarters in Iceland. Breakfast is served from 8:00 am.

Please note that the meeting will also be webcast on .

Financial calendar

  • Q3 2018 results                       31 October 2018
  • Q4 2018 results                       6 February 2019
  • Annual General Meeting            6 March 2019

Investor relations

For further information, please contact Tinna Molphy via email .

EN
19/07/2018

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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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