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11.02.2009

Results for 2008 presented at meeting with market participants and investors

Marel Food Systems presented its financial results for the year 2008 at a meeting with market participants and investors today at its headquarters in Gardabaer, Iceland.

Hörður Arnarson, CEO, introduced the results and Erik Kaman, CFO, presented the consolidated financial statements, as well as pro forma operations of core business.

The following were among the highlights of the pro forma results of core business for the year:

  • €613 million in sales
  • 4.4% sales growth from the year before
  • 8.5% adjusted EBIT (€51.9 million), an increase of 25.1%

Attachments:

Press release Accounts Presentation

Pictures from the event
Hordur Arnarson, CEO


Hordur Arnarson, CEO
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From right: Hordur Arnarson, CEO, Theo Hoen, Deputy CEO, and Erik Kaman, CFO


Hordur Arnarson, CEO
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Erik Kaman, CFO


Audience
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Audience


Hordur Arnarson, CEO, and Erik Kaman, CFO
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Erik Kaman, CFO


Audience
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Audience


Arni Oddur Thordarson, Chairman of the Board
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Helga Bjork Eiriksdottir
Investor and Public Relations Manager

E-mail:
helga.eiriksdottir@marel.com
Tel.: +354 563 8543

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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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