Company Marel hf.

Equities

MAREL

IS0000000388

Industrial Machinery & Equipment

Market Closed - Nasdaq Iceland 11:10:59 2024-04-18 am EDT 5-day change 1st Jan Change
490 ISK -1.01% Intraday chart for Marel hf. -1.01% +3.81%

Business Summary

Marel hf. is a leading global provider of advanced food processing equipment, systems, software, and services to the poultry, meat and fish industries. In line with its growth strategy, Marel hf. has gradually expanded its business model into adjacent industries, where most recently the acquisition of Wenger has added a fourth pillar focused on pet food, plant-based protein and aqua feed.

Annually, Marel hf. invests around 6% of revenues in innovation. By continuously advancing food processing, the group enables its customers to increase yield and throughput, ensure food safety and improve sustainability in food production.

Number of employees: 7,500

Sales per Business

ISK in Million2022Weight2023Weight Delta
Poultry
48.4 %
118,318 48.7 % 124,101 48.4 % +4.89%
Meat
25.7 %
73,101 30.1 % 66,054 25.7 % -9.64%
Plant, Pet and Feed
13.5 %
20,504 8.4 % 34,637 13.5 % +68.93%
Fish
11.2 %
27,230 11.2 % 28,867 11.2 % +6.01%
Other
1.2 %
3,811 1.6 % 3,012 1.2 % -20.96%

Sales per region

ISK in Million2022Weight2023Weight Delta
Europe, Middle East and Africa
49.2 %
114,066 46.9 % 126,248 49.2 % +10.68%
Americas
40.0 %
100,899 41.5 % 102,793 40.0 % +1.88%
Asia and Oceania
10.2 %
25,637 10.6 % 26,093 10.2 % +1.78%
Iceland
0.6 %
2,360 1.0 % 1,536 0.6 % -34.93%

Managers

Managers TitleAgeSince
Chief Executive Officer - 13-12-31
Investor Relations Contact - 17-09-30
- -
Sales & Marketing - -
Corporate Officer/Principal - 14-12-31
Corporate Officer/Principal - 10-12-31
Corporate Officer/Principal - 19-09-01
Human Resources Officer 50 10-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 55 14-03-04
Director/Board Member 59 21-02-28
Director/Board Member 71 19-03-05
Director/Board Member - 12-12-31
Chairman 53 00-12-31
Director/Board Member 54 20-03-17
Director/Board Member - 14-03-04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 771,007,916 561,623,433 ( 72.84 %) 17,057,645 ( 2.212 %) 72.84 %

Shareholders

NameEquities%Valuation
Eyrir Invest hf
24.70 %
190,438,955 24.70 % 653 M kr
Gildi - Lífeyrissjóður
6.700 %
51,657,530 6.700 % 177 M kr
Lífeyrissjóður verslunarmanna
6.600 %
50,886,522 6.600 % 174 M kr
Lífeyrissjóður Starfsmanna Ríkisins
5.400 %
41,634,427 5.400 % 143 M kr
Teleios Capital Partners GmbH
3.300 %
25,443,261 3.300 % 87 M kr
Birta Pension Fund
3.000 %
23,130,237 3.000 % 79 M kr
MAREL HF.
2.212 %
17,057,645 2.212 % 58 M kr
Frjálsi lífeyrissjóðurinn
1.900 %
14,649,150 1.900 % 50 M kr
Stapi Lífeyrissjóður
1.400 %
10,794,110 1.400 % 37 M kr
Festa Pension Fund
1.400 %
10,794,110 1.400 % 37 M kr

Holdings

NameEquities%Valuation
17,057,645 2.21% 58,451,091 $

Company contact information

Marel hf

Austurhraun 9

210, Gardabaer

+354 563 8000

http://www.marel.com
address Marel hf.(MAREL)

Group companies

NameCategory and Sector
Agricultural Commodities/Milling
Trucks/Construction/Farm Machinery
Air Freight/Couriers
Wholesale Distributors
Miscellaneous Commercial Services
Marel Holding BV
Marel USA Holding, Inc.
Marel Iceland ehf

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
3.232 EUR
Average target price
3.642 EUR
Spread / Average Target
+12.69%
Consensus

Quarterly revenue - Rate of surprise