The performance and success of any company can be assessed via its finances. Take a look at key reports and presentations, get the latest information on past and future webcasts, and see up-to-date financial targets.
Analyst consensus estimates for MarelJump to:
Here you can find links to all the reports and presentations from our quarterly and annual reports, the on-demand version of the webcast, and our Annual Reports. For reports and financials from prior years, please refer to the financials archive. For Capital Markets Day content and ESG related disclosure, please refer to the respective sections below.
Financial accounts |
Press release |
Presentation |
Fact sheet |
|
|---|---|---|---|---|
Q1 2022 |
PDF XLS | PDF News |
PDF
Recording
SlideShare |
|
Q2 2022 |
PDF XLS | PDF News |
PDF
Recording
SlideShare |
|
Q3 2022 |
PDF XLS | PDF News |
PDF
Recording
SlideShare |
|
Q4 and full year 2022 |
PDF
XLS
ESEF |
PDF News |
PDF
Recording
SlideShare |
PDF
|
Wenger acquisition |
Original announcement
Acquisition closed |
PDF Recording | ||
Annual Report |
PDF Website | |||
Corporate governance statement |
Financial accounts |
Press release |
Presentation |
Fact sheet |
|
|---|---|---|---|---|
Q1 2021 |
PDF XLS | PDF News |
PDF
Recording
SlideShare |
|
Q2 2021 |
PDF XLS | PDF News |
PDF
Recording
SlideShare |
|
Q3 2021 |
PDF XLS | PDF News |
PDF
Recording
SlideShare |
PDF
|
Q4 and full year 2021 |
PDF
XLS
ESEF |
PDF News |
PDF
Recording
SlideShare |
PDF
|
Annual report |
PDF Website | |||
Corporate governance statement |
Financial accounts |
Press release |
Presentation |
Fact sheet |
|
|---|---|---|---|---|
Q1 2020 |
PDF XLS | PDF News |
PDF
Recording
SlideShare |
|
Q2 2020 |
PDF XLS | PDF News |
PDF
Recording
SlideShare |
|
Q3 2020 |
PDF XLS | PDF News |
PDF
Recording
SlideShare |
|
Q4 and full year 2020 |
PDF XLS | PDF News |
PDF
Recording
SlideShare |
|
Annual report |
PDF Website | |||
Corporate governance statement |
PDF
|
|||
ESG report |
PDF
|
Here you can find links to all the presentations, recordings and press releases from our Capital Markets Day events.
Here you can find links to Marel's ESG reports and related documentation from 2020 onwards. For earlier reporting, please see our financial reports section.
Latest financial results
Q4 2023 key figures
Solid orders received of EUR 466m and strong cash flow with EBIT at 9.6% in the quarter
Revenues in EUR
448.0m
(8.4%) year-on-year
Adjusted EBIT in EUR
42.8m
(29.7%) year-on-year
Orders received in EUR
466.4m
12.8% year-on-year
Order book in EUR
580.1m
(14.1%) year-on-year
Key figures for the last five years of operations.
Key figures |
2023 |
2022 |
2021 |
2020 |
2019 |
|
|---|---|---|---|---|---|---|
Revenues |
1,721.4 |
1,708.7 |
1,360.8 |
1,237.8 |
1,283.7 |
|
Result from operations (EBIT) |
153.1 |
163.4 |
153.6 |
166.8 |
173.4 |
|
EBIT as a % of sales |
8.9% |
9.6% |
11.3% |
13.5% |
13.5% |
|
Result before depreciation and amortization (EBITDA) |
191.4 |
178.6 |
198.9 |
212.5 |
220.3 |
|
EBITDA as a % of sales |
11.1% |
10.5% |
14.6% |
17.2% |
17.2% |
|
Orders received |
1,626.3 |
1,734.0 |
1,502.0 |
1,234.1 |
1,222.1 |
|
Leverage* |
3.45 |
3.42 |
0.83 |
0.75 |
0.27 |
* Net debt (excluding lease liabilities) / Pro forma LTM adjusted EBITDA (including recent acquisitions) excluding non cash and one off costs per Marel's credit agreement.
Results |
2023 |
2022 |
2021 |
2020 |
2019 |
|---|---|---|---|---|---|
Revenues |
1,721.4 |
1,708.7 |
1,360.8 |
1,237.8 |
1.283.7 |
Gross profit |
612.2 |
604.9 |
498.1 |
462.5 |
491.1 |
Result before depreciation and amortization (EBITDA) |
191.4 |
178.6 |
198.9 |
212.5 |
220.3 |
Result from operations (EBIT) |
93.6 |
97.0 |
130.3 |
149.7 |
162.6 |
Net result for the period |
31.0 |
58.7 |
96.2 |
102.6 |
110.1 |
Order book |
2023 |
2022 |
2021 |
2020 |
2019 |
|---|---|---|---|---|---|
Orders received |
1,626.3 |
1,734.0 |
1,502.0 |
1,234.1 |
1.222.1 |
Order book |
580.1 |
675.2 |
569.0 |
415.7 |
414.4 |
Cash flow statement |
2023 |
2022 |
2021 |
2020 |
2019 |
|---|---|---|---|---|---|
Cash generated from operating activities, before interest & tax |
225.8 |
96.4 |
212.3 |
217.6 |
189.8 |
Net cash from (to) operating activities |
138.1 |
51.4 |
176.2 |
182.6 |
142.5 |
Investing activities |
(95.9) |
(567.2) |
(121.4) |
(161.6) |
(54.2) |
Net cash from (used in) financing activities |
(45.1) |
505.9 |
(235.6) |
(235.6) |
156.8 |
Financial position |
2023 |
2022 |
2021 |
2020 |
2019 |
|---|---|---|---|---|---|
Total assets |
2,599.8 |
2,696.4 |
2,005.0 |
1,814.9 |
1,861.2 |
Working capital |
156.1 |
64.1 |
45.7 |
44.1 |
246.3 |
Group equity |
1,041.6 |
1,028.1 |
1,023.1 |
958.7 |
955.8 |
Net debt |
790.9 |
816.7 |
199.2 |
205.2 |
97.6 |
Various figures in proportion to sales |
2023 |
2022 |
2021 |
2020 |
2019 |
|---|---|---|---|---|---|
Gross profit |
35.6% |
35.4% |
36.6% |
37.4% |
38.3% |
Selling and marketing expenses |
14.5% |
13.8% |
13.3% |
12.0% |
12.4% |
Research and development expenses |
6.9% |
6.2% |
6.4% |
5.9% |
6.7% |
Administrative expenses |
7.8% |
8.1% |
7.1% |
7.1% |
6.5% |
Wages and benefits |
39.6% |
38.8% |
38.3% |
37.4% |
35.0% |
Result before depreciation (EBITDA) |
11.1% |
10.5% |
14.6% |
17.2% |
17.2% |
Depreciation/amortization |
5.7% |
4.8% |
5.0% |
5.1% |
4.5% |
Result from operations (EBIT) |
5.4% |
5.7% |
9.6% |
12.1% |
12.7% |
Net result for the period |
1.8% |
3.4% |
7.1% |
8.3% |
8.6% |
Outlook
Long-term average market growth is unchanged and expected at 4-6% annually. Labor scarcity and continued wage inflation, coupled with favorable secular trends, focused on automation, robotics technology and digital solutions that support sustainable food processing, will continue to support Marel’s organic growth outlook.
Analyst coverage
Marel is covered by eight equity research analysts, including one Icelandic and seven international analysts, who actively track and publish opinions on Marel and its stock. Marel consistently aims to broaden its analyst coverage to increase the company’s visibility in equity markets. For in-depth financial analyses and quarterly estimates of Marel, please refer to the following list of analysts who actively track our performance.
Consensus estimates
Analyst consensus estimates for Marel are now publicly available to the market. The consensus data will support capital market participants by reflecting the expectations of research analysts covering Marel.
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Contact IR
For further information, please contact Marel Investor Relations via email IR@marel.com or tel. (+354) 563 8001
Tinna Molphy
Marino Thor Jakobsson
Ellert Gudjonsson
