02/02/12 Updated 26/03/19

Results presented for 2011

“We had record revenues in quarter four... and we had excellent profitability, in the top end of our target range,” said Theo Hoen, CEO of Marel, when the company’s results for 2011 were presented this morning, 2 February, at a meeting with market participants and investors.

“What I think personally is most important, we were able to realize pure organic growth of 15% in 2011. This is a very significant step in realizing our growth strategy.”

Erik Kaman, CFO, presented the financial results for the quarter. Among the highlights were revenues of EUR 668 million and an EBIT margin of 11.8% for the fourth quarter and 10.9% for the year as a whole.

“Orders received are strong and the order book is at a stable, very high level – a 4–5 months workload.”

Full details of the results and presentation