Marel hf. (ICE: MAREL)
Iceland
· Delayed Price · Currency is ISK | Market Cap | 375.47B |
| Revenue (ttm) | 253.76B |
| Net Income (ttm) | 2.81B |
| Shares Out | 771.01M |
| EPS (ttm) | 260.78 |
| PE Ratio | 1.91 |
| Forward PE | 27.55 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 67,277 |
| Open | 494.00 |
| Previous Close | 500.00 |
| Day's Range | 494.00 - 499.00 |
| 52-Week Range | 327.00 - 518.00 |
| Beta | 0.39 |
| Analysts | n/a |
| Price Target | 460.75 (-7.48%) |
| Earnings Date | Jul 24, 2024 |
About Marel
Marel hf. develops, manufactures, distributes, and sells solutions, software, and services to food processing industries in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company operates through four segments: Poultry Processing; Meat Processing; Fish Processing; and Plant, Pet, and Feed. The company's Poultry Processing segment offers automated in-line solutions, software, and services for all stages of processing broilers, turkeys, and ducks. Its Meat Processing segment supplies primary, secondary, and further processi... [Read more]
Financial Performance
In 2023, Marel's revenue was 1.72 billion, an increase of 0.74% compared to the previous year's 1.71 billion. Earnings were 31.00 million, a decrease of -47.19%.
Financial numbers in EUR Financial StatementsNews
Q1 2024 Marel hf Earnings Call Transcript
Q1 2024 Marel hf Earnings Call Transcript
Global Meat and Poultry Processing Equipment Market 2024-2033: Increasing Demand for Ready-To-Eat (RTE) Foods Driving Market Growth
Dublin, May 10, 2024 (GLOBE NEWSWIRE) -- The "Meat and Poultry Processing Equipment Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering. The global meat and poultry p...
Solutions built around your requirements
Marel convenience food production uses innovative equipment and solutions to ensure robust and repeatable processing. By developing an in-depth understanding of your end-product requirements, we can c...
MAREL ENTERS INTO TRANSACTION AGREEMENT WITH JOHN BEAN TECHNOLOGIES CORPORATION
Marel enters into transaction agreement with John Bean Technologies Corporation Fish processing equipment manufacturer Marel has entered into a transaction agreement with John Bean Technologies Corpor...
Baker McKenzie Advises Marel in €3.5 Billion Transaction Agreement with JBT
Global law firm Baker McKenzie is representing Marel, a multi-national food processing company based in Iceland, in its entering into a transaction agreement with John Bean Technologies Corporation (N...
🇮🇸 Marel: Signing of transaction agreement, JBT intention to launch offer in May 2024
Marel today announces it has entered into a transaction agreement with John Bean Technologies Corporation (“JBT”) related to JBT’s previously announced intention to make a voluntary takeover offer for...
Chicago-based JBT Corp. to buy Icelandic food processor Marel
The deal will cement JBT's plan to become a pure food technology company after it got out of the aviation business last May.
Newmont, Shockwave Medical rise; John Bean fall, Friday, 4/4/2024
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Friday: Shockwave Medical Inc. (SWAV), up $6.26 to $326.25. Johnson & Johnson is buying the medical device company ...
Teleios Capital Partners: Statement from significant Marel shareholder on JBT transaction agreement
Teleios Capital Partners LLC, a long-standing shareholder in Marel, has today issued the below statement. ATTRIBUTED TO ADAM EPSTEIN, CO-FOUNDER OF TELEIOS CAPITAL PARTNERS: _”As a long-term sharehold...
Marel agrees to US takeover
Marel, one of the world’s leading seafood and food processing equipment suppliers, announced today that it has entered into a voluntary takeover transaction agreement with the Chicago based John Bean ...
Breaking: Icelandic equipment manufacturing giant announces takeover deal worth $3.9 billion
Marel announces transaction agreement with JBT for voluntary takeover offer. Continue reading
$JBT John Bean Technologies Corporation #MWN #BreakingNews April 05, 2024 02:30:00 am
JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today announced that JBT and Marel hf. (ICL: Marel) have executed a ...
Marel’s SensorX revolutionizing bone detection in food processing
In the last twenty years, the main concern for processors has been to eliminate residual bones from deboned products. In response to this challenge, Marel introduced SensorX in 2007, the first system ...
Former Marel exec takes the helm at Samherji-backed processing technology provider
Sigurdur Òlason will lead Optimar. Continue reading
Marel Appoints Sebastiaan Boelen to Serve as CFO Amid Executive Changes
Icelandic processing equipment manufacturer Marel has announced Sebastiaan Boelen as its new Chief Financial Officer effective Monday, succeeding Stacey Katz, who served the company for nearly a decad...
Mowi processing plant upgrade nears completion
Salmon producer Mowi and food processing systems business Marel are putting the final touches on Mowi Scotland’s Fort William processing plant upgrade. The project includes the installation of state-o...
Orkuveitan Appoints Snorri Þorkelsson as Chief Financial Officer
Orkuveitan is pleased to announce the appointment of Snorri Þorkelsson as Chief Financial Officer. Snorri, who brings with him extensive international experience, joins Orkuveitan from Baader in Icela...
Standardised solutions for creating QSR products
In the realm of quick service restaurants (QSR), precision is paramount. Marel, a pioneering force in the processing industry has unveiled standardised solutions to meet the stringent demands of QSR i...
Marel turns the potato into a key player in convenience foods
Marel is offering innovative equipment, as well as processing expertise, to help potato processors diversify their product portfolios and take The post Marel turns the potato into a key player in conv...
Iceland’s Largest Companies by market capitalization, 2024
As of February 19, 2024, MAREL HF is the most valuable company in Iceland, with a market cap of $2.7 billion. Following it are ARION BANKI HF ($1.58 billion) and ÍSLANDSBANKI HF ($1.57 billion). Icela...
Marel and MMC First Process offer customers one-stop shop
Peter Leon Fauske, the CEO of MMC First Process, and Diego Lages, director of sales & marketing at Marel Fish, The post Marel and MMC First Process offer customers one-stop shop first appeared on Indu...
MAREL AND MMC FIRST PROCESS UNVEIL STRATEGIC PARTNERSHIP
Marel and MMC First Process unveil strategic partnership, empowering excellence in seafood processing. Marel, a global leader in food processing solutions, software and service, and MMC First Process,...
Jim Cramer Says This Is A 'Very, Very Expensive' Stock: 'I Say Ka-Ching Ka-Ching On Some Of That One'
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he is quite fond of John Bean Technologies Corporation (NYSE: JBT). "It’s a little quirky, but it’s good. Global industrial food has always been...
JBT €3.5B bid For Marel HF: a High-Stakes Offer Duel
In a strategic move reminiscent of a chess grandmaster, U.S.-based JBT Corp. has declared a jaw-dropping €3.5 billion ($3.8 billion) offer for Icelandic rival Marel HF, signaling the onset of a high-s...
John Bean Unveils Revised Ambitious €3.5B Marel Takeover Offer - What's On The Cards?
John Bean Technologies Corp (NYSE: JBT) disclosed FY23 preliminary results and FY24 outlook. The company also intends to launch a voluntary takeover offer for Marel in the first quarter 2024. FY23 Pr...