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.

 

COMPANY ORIGINS

The company was established in Reykjavik, Iceland in 1983 and still has its headquarters there. It is listed on Nasdaq OMX Iceland under the symbol MARL.

Marel
Austurhraun 9
Gardabaer
IS-210 Iceland

 

GLOBAL PRESENCE

With around 5,100 employees worldwide, offices and subsidiaries in some 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.

* Including Sulmaq employees
 

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.

 
 

OUR VALUES

Our values sum up every aspect of Marel. They represent our way of working, and the ideas important to all of us.

 

Unity

We are united
in our success

Innovation

Innovation drives
the value we create

Excellence

Excellence is what differentiates us

 

 

LEADERSHIP

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.

 

 

FINANCIAL RESULTS

2016 was a great year for Marel. It was a year of strategic moves and solid performance with 983 million in pro forma revenue and 14.6% EBIT.

 
Pro Forma Revenue
€983
Million
Pro Forma Ebit*
€143
Million
Pro Forma Order intake
€1,013
Million
Order Book
€350
Million
 
*Operating income adjusted for amortization of acquisition-related intangible assets (PPA).
 

SHARE PERFORMANCE

Marel’s share price stood at ISK 243.00 at the end of 2016, compared to ISK 253.50 at the end of 2015, a decrease of 4.1%. In euros, the shares stood at €2.04 per share at year-end compared to €1.79 at the end of 2015.