Investor News

“We are very pleased with this quarter,” said Theo Hoen, CEO of Marel, when the company’s results for Q3 2011 were presented this morning, 27 October, at a meeting with market participants and investors. “We saw a very good order intake, roughly around EUR 200 million. We also saw that our revenue was at the highest level ever, around EUR 170 million, which tells us that the company is growing steadily… Globally, we are getting stronger.”

Erik Kaman, CFO, presented the financial results for the quarter and noted that they contain several records in terms of Marel’s historical financial performance. “When you look at the order book, it is at a record level of EUR 204 million. Orders received are at EUR 196 million and revenues are also at a record level... Also, if you look at the growth, revenues are up 13%, EBIT is up 40% and the order book and orders received are up 19% and 45%.”

Details of the results and the presentation are provided in the attachments below.

Attachments:

Pictures from the event

	The audience in Garðabær, Iceland. The meeting was also webcast around the world. 800 x 533 View
	Erik Kaman, CFO. 533 x 800 View
	Erik Kaman, CFO. 800 x 533 View
	Theo Hoen, CEO. 800 x 533 View
	The audience in Garðabær, Iceland. 800 x 533 View
	Theo Hoen, CEO. 800 x 533 View