Craft

Marel

Stock Price

KR492

2024-08-19

Market Capitalization

KR370.9 B

2024-08-19

Revenue

€1.7 B

FY, 2023

Marel Summary

Company Summary

Overview
Marel is a company that develops and distributes food processing products. It offers onboard weighing and grading equipment, chilling systems, injectors, decanter centrifuges, belt presses, etc. The company also provides equipment calibration, inspection, repair, process consulting, and preventive maintenance services. Marel caters to poultry, meat, fish, water treatment, and other industries.
Type
Public
Status
Active
Founded
1983
HQ
Garðabær, IS | view all locations
Website
https://marel.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Arnar Thor Másson

    Arnar Thor Másson, Chairman of the Board

  • Olafur S. Gudmundsson

    Olafur S. Gudmundsson, Vice-Chairman

    • Stacey Katz

      Stacey Katz, Chief Financial Officer

    • Svafa Grönfeldt

    Operating MetricsView all

    Orders Received

    €1.7B
    15.4%

    FY, 2022

    New Products per Year

    33
    22.2%

    FY, 2022

    Manufacturing Sites

    18
    20.0%

    FY, 2022

    LocationsView all

    50 locations detected

    • Garðabær, Garðabær HQ

      Iceland

      Austurhraun 9

    • Bellevue, WA

      United States

      Corporate Campus East III, 3015 112th Ave N

    • Buford, GA

      United States

      940 Sherwin Parkway, Suite 180

    • Des Moines, IA

      United States

      401 SW 7th Street

    • Gainesville, GA

      United States

      1024 Airport Parkway

    • Lenexa, KS

      United States

      8145 Flint Street

    and 44 others

    Marel Financials

    Summary Financials

    Revenue (Q2, 2024)
    €415.2M
    Gross profit (Q2, 2024)
    €172.0M
    Net income (Q2, 2024)
    €2.1M
    Cash (Q2, 2024)
    €29.7M
    EBIT (Q2, 2024)
    €23.4M
    Enterprise value
    $376.3B

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