Marel at a Glance
WHO WE ARE
Marel is the leading global provider of advanced processing systems and services to the Poultry, Meat and Fish industries.
Marel's state-of-the-art equipment and systems help food processors of all sizes, in all markets, to operate at peak productivity.
With around 5,500 employees worldwide, offices and subsidiaries in over 30 countries, and a network of more than 100 agents and distributors, Marel is in a unique position to serve its customers wherever they may be located.
ONE COMPANY SERVING THREE INDUSTRIES
Marel's three industry segments combine all the knowledge, expertise and decades of experience accumulated across the company in each of the core industries it serves.
United in one company, Marel offers its customers the convenience of a single source for products to meet their every need.
In partnership with our customers we are transforming the way food is processed.
Our vision is of a world where quality food is produced sustainably and affordably.
Our values sum up every aspect of Marel. They represent our way of working, and the ideas important to all of us.
We are united
in our success
the value we create
Excellence is what differentiates us
Arni Oddur Thordarson, Chief Executive Officer
Our CEO since 2013, Thordarson served on the Board of Directors of Marel from 2005 to 2013, the majority of the time as Chairman. During his time as CEO, he has overseen many of the initiatives that have made Marel a leader in the food processing industry.
Marel is a global leader in a dynamic growth industry with over EUR 1 billion in revenues and an EBIT margin of 15%. Our revenues are well balanced geographically, consisting of a healthy mix of greenfield projects, modernization and extension projects with steady recurring revenues coming from our maintenance business. With an innovative portfolio and continued good partnerships with our customers, orders received were a record EUR 1,144 million in 2017, up 13% over last year.
Marel is the largest company listed on NASDAQ Iceland by market capitalization. Since its original listing in 1992 on the Icelandic Stock Exchange, Marel has created excellent value for its close to 2,200 shareholders. As the only large cap listed in Iceland, the company’s investor base is dominated by Icelandic investors.
Marel has been listed on the Icelandic stock exchange NASDAQ Iceland since 1992 and all of its regulatory announcements can be found at www.nasdaqomxnordic.com. Information on Marel is also available on Bloomberg and Reuters under the tickers MARL1:PZ and MARL.IC respectively.