Report
Eric Wilmer

MAREL HF : Preview 3Q21 results due 20 October

>Marel not immune to supply chain challenges - Marel is not immune to challenges in the supply chain (as seen at 1Q21 and 2Q21), including regarding the availability of certain parts as well as the transportation (costs) of the company’s finished products. At 1Q21, Marel stated to see an impact of both higher input costs as well as well as bottlenecks in its supply-chain, where the company appears to be somewhat reluctant to immediately pass on higher input costs to i...
Underlying
Marel hf.

Marel hf is an Iceland-based holding company active within the food industry. It is primarily engaged in providing equipment, systems and services for the poultry, meat and fish processing industry. The Company activities are divided into following segments: Poultry, including processing systems for broilers, turkeys and ducks; Fish, providing equipment and system for processing whitefish an salmon; Meat, including systems and services to the red meat industry, such as deboning and trimming, case ready and bacon processing; Further Processing, including portioning and forming, marinating, coating, frying, cooking and sausage making; and More Foods, including systems and services to processing such foods as vegetables, fruit and cheese. The Company's distribution network includes sales and service units in over 30 countries. The Company operates Sulmaq Industrial e Comercial SA as subsidiary.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Eric Wilmer

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