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 archive.
Latest financial results
Q1 2023 key figures
Revenues up 20.4%, firm commitment to 14-16% EBIT in 4Q23
Revenues in EUR
447.4m
20.4% year-on-year
Adjusted EBIT in EUR
40.2m
28.4% year-on-year
Orders received in EUR
362.6m
(14.0%) year-on-year
Order book in EUR
590.4m
(4.6%) year-on-year
Key figures for the last three years of operations.
Key figures |
2022 |
2021 |
2020 |
2019 |
2018 |
|---|---|---|---|---|---|
Revenues |
1,708.7 |
1,360.8 |
1,237.8 |
1,283.7 |
1,197.9 |
Result from operations (EBIT) |
163.4 |
153.6 |
166.8 |
173.4 |
175.2 |
EBIT as a % of sales |
9.6% |
11.3% |
13.5% |
13.5% |
14.6% |
Result before depreciation and amortization (EBITDA) |
178.6 |
198.9 |
212.5 |
220.3 |
215.5 |
EBITDA as a % of sales |
10.5% |
14.6% |
17.2% |
17.2% |
18.0% |
Orders received (includes service revenue) |
1,734.0 |
1,502.0 |
1,234.1 |
1,222.1 |
1,184.1 |
Leverage* |
3.6 |
1.0 |
1.0 |
0.4 |
2.0 |
* Net Debt (Including Lease liabilities) / LTM EBITDA.
Results |
2022 |
2021 |
2020 |
2019 |
2018 |
|---|---|---|---|---|---|
Revenues |
1,708.7 |
1,360.8 |
1,237.8 |
1,283.7 |
1,197.9 |
Gross profit |
604.9 |
498.1 |
462.5 |
491.1 |
467.5 |
Result before depreciation and amortization (EBITDA) |
178.6 |
198.9 |
212.5 |
220.3 |
215.5 |
Result from operations (EBIT) |
97.0 |
130.3 |
149.7 |
162.6 |
160.9 |
Net result for the period |
58.7 |
96.2 |
102.6 |
110.1 |
122.5 |
Order book |
2022 |
2021 |
2020 |
2018 |
2019 |
|---|---|---|---|---|---|
Orders received (includes service revenue) |
1,734.0 |
1,502.0 |
1,234.1 |
1,184.1 |
1,222.1 |
Order book |
675.2 |
569.0 |
415.7 |
476.0 |
414.4 |
Cash flow statement |
2022 |
2021 |
2020 |
2018 |
2019 |
|---|---|---|---|---|---|
Cash generated from operating activities, before interest & tax |
96.4 |
212.3 |
217.6 |
205.8 |
189.8 |
Net cash from (to) operating activities |
51.4 |
176.2 |
182.6 |
166.8 |
142.5 |
Investing activities |
(567.2) |
(121.4) |
(161.6) |
(84.5) |
(54.2) |
Net cash from (used in) financing activities |
505.9 |
(64.3) |
(235.6) |
(60.2) |
156.8 |
Financial position |
2022 |
2021 |
2020 |
2019 |
2018 |
|---|---|---|---|---|---|
Total assets |
2,696.4 |
2,005.0 |
1,814.9 |
1,861.2 |
1,565.9 |
Working capital |
64.1 |
45.7 |
44.1 |
246.3 |
(43.7) |
Group equity |
1,028.1 |
1,023.1 |
958.7 |
955.8 |
560.9 |
Net debt |
816.7 |
199.2 |
205.2 |
97.6 |
431.6 |
Various figures in proportion to sales |
2022 |
2021 |
2020 |
2018 |
2019 |
|---|---|---|---|---|---|
Gross profit |
35.4% |
36.6% |
37.4% |
39.0% |
38.3% |
Selling and marketing expenses |
13.8% |
13.3% |
12.0% |
11.2% |
12.4% |
Research and development expenses |
6.2% |
6.4% |
5.9% |
6.2% |
6.7% |
Administrative expenses |
8.1% |
7.1% |
7.1% |
7.0% |
6.5% |
Wages and benefits |
38.8% |
38.3% |
37.4% |
34.3% |
35.0% |
Result before depreciation (EBITDA) |
10.5% |
14.6% |
17.2% |
18.0% |
17.2% |
Depreciation/amortization |
4.8% |
5.0% |
5.1% |
4.6% |
4.5% |
Result from operations (EBIT) |
5.7% |
9.6% |
12.1% |
13.4% |
12.7% |
Net result for the period |
3.4% |
7.1% |
8.3% |
10.2% |
8.6% |
Mid-term targets by year-end 2023 |
|
|---|---|
Gross profit: |
~40% |
SG&A: |
~18% |
Innovation: |
~6% |
Long-term targets 2017-2026 |
|
|---|---|
Revenue growth: |
~12% (average annual) |
EPS: |
To grow faster than revenues |
Outlook
Marel enjoys a balanced exposure to global economies and local markets through its global reach, innovative product portfolio and diversified business mix.
In the period 2017-2026, Marel is targeting 12% average annual revenue growth through market penetration and innovation, complemented by strategic partnerships and acquisitions. Our strategic mid-term targets are to achieve gross profit around 40%, SG&A of around 18% and Innovation at the 6% level by year-end 2023.
Analyst coverage
Marel is covered by various financial institutions, both domestic and international, who actively track and publish opinions on Marel and its stock.
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
