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Leading global provider of advanced equipment
and systems for the food processing industry
and systems for the food processing industry
Latest News
02.02.2012
Results presented for 2011
“We had record revenues in quarter four... and we had excellent profitability, in the top end of our target range,” said Theo Hoen, CEO of Marel, when the company’s results for 2011 were presented this morning, 2 February, at a meeting with market participants and investors. “What I think personally is most important, we were able to realise pure organic growth of 15% in 2011. This is a very significant step in realising our growth strategy.”
Erik Kaman, CFO, presented the financial results for the quarter. Among the highlights were revenues of EUR 668 million and an EBIT margin of 11.8% for the fourth quarter and 10.9% for the year as a whole. “Orders received are strong and the order book is at a stable, very high level – a 4-5 months workload.”
Full details of the results and presentation
Spotlight
One company, one stop Our brands – Marel, Stork Poultry Processing and Townsend Further Processing – are among the most respected in the industry.
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Press Contact
Helga Bjork EiriksdottirInvestor and Public Relations Manager
E-mail:
helga.eiriksdottir@marel.com
Tel.: +354 563 8543
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About the Company
Marel is the leading global provider of advanced equipment, systems and services to the fish, meat and poultry industries. Our brands – Marel, Stork Poultry Processing and Townsend Further Processing – are among the most respected in the industry. Together, we offer the convenience of a single source to meet our customers’ every need. With offices and subsidiaries in over 30 countries and a global network of more than 100 agents and distributors, we work side-by-side with our customers to extend the boundaries of food processing performance.
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