Marel
ISIN: IS0000000388 | Ticker: MAREL | LEI: 5299008YTLEN09WTHW26
Country: Iceland
Marel is a global leader in transforming the way food is processed.
We support the production of high quality, safe and affordable food by providing solutions, services and software to the poultry, meat and fish processing industries, in addition to the newly acquired verticles of pet food, aqua feed and plant-based proteins.
Sustainability is at the core of our business, our groundbreaking solutions reduce waste while improving yields and creating economic value.
With a network of around 7,000 people in over 30 countries, we’re always close by and ready to help. From the first spark of inspiration to implementing a solution, we’re committed to excellence in everything we do.
1983
Served areaWorldwide
Headcount7,140
HeadquartersAusturhraun 9, 210 Garðabær – Iceland
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 1,814,900,000.00 | 2,005,000,000.00 | 2,696,400,000.00 |
| Noncurrent Assets | N/A | 1,282,200,000.00 | 1,362,400,000.00 | 1,829,200,000.00 |
| Property Plant And Equipment | N/A | 196,700,000.00 | 228,700,000.00 | 327,100,000.00 |
| Goodwill | N/A | 678,800,000.00 | 705,200,000.00 | 859,200,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 331,000,000.00 | 357,200,000.00 | 562,300,000.00 |
| Investments In Associates Accounted For Using Equity Method | N/A | 17,600,000.00 | 12,700,000.00 | 4,000,000.00 |
| Other Noncurrent Receivables | N/A | 2,100,000.00 | 0.00 | N/A |
| Deferred Tax Assets | N/A | 13,300,000.00 | 18,100,000.00 | 31,600,000.00 |
| Other Noncurrent Financial Assets | N/A | N/A | 0.00 | 3,700,000.00 |
| Noncurrent Derivative Financial Assets | N/A | N/A | 0.00 | 1,500,000.00 |
| Current Assets | N/A | 532,700,000.00 | 642,600,000.00 | 867,200,000.00 |
| Inventories | N/A | 199,900,000.00 | 273,400,000.00 | 403,600,000.00 |
| Current Trade Receivables | N/A | 151,300,000.00 | 154,700,000.00 | 218,300,000.00 |
| Cash and cash equivalents | 303,700,000.00 | 78,600,000.00 | 77,100,000.00 | 75,700,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | 1,800,000.00 | 0.00 | N/A |
| Current Derivative Financial Assets | N/A | 1,900,000.00 | 1,100,000.00 | 1,800,000.00 |
| Equity And Liabilities | N/A | 1,814,900,000.00 | 2,005,000,000.00 | 2,696,400,000.00 |
| Equity | 955,800,000.00 | 958,700,000.00 | 1,023,100,000.00 | 1,028,100,000.00 |
| Issued Capital | N/A | 6,700,000.00 | 6,700,000.00 | 6,700,000.00 |
| Retained Earnings | N/A | 536,400,000.00 | 593,800,000.00 | 614,600,000.00 |
| Other Equity Interest | N/A | 0.00 | -13,600,000.00 | 0.00 |
| Other Reserves | N/A | -27,500,000.00 | -22,100,000.00 | -33,400,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 958,400,000.00 | 1,015,100,000.00 | 1,028,100,000.00 |
| Noncontrolling Interests | N/A | 300,000.00 | 8,000,000.00 | 0.00 |
| Liabilities | N/A | 856,200,000.00 | 981,900,000.00 | 1,668,300,000.00 |
| Noncurrent Liabilities | N/A | 367,600,000.00 | 385,000,000.00 | 865,200,000.00 |
| Noncurrent Provisions | N/A | 4,100,000.00 | 4,000,000.00 | 6,900,000.00 |
| Other Noncurrent Payables | N/A | 1,100,000.00 | 22,700,000.00 | 7,500,000.00 |
| Deferred Tax Liabilities | N/A | 84,900,000.00 | 92,100,000.00 | 90,700,000.00 |
| Noncurrent Derivative Financial Liabilities | N/A | 3,700,000.00 | 400,000.00 | 0.00 |
| Longterm Borrowings | N/A | 240,200,000.00 | 234,900,000.00 | 729,800,000.00 |
| Current Liabilities | N/A | 488,600,000.00 | 596,900,000.00 | 803,100,000.00 |
| Current Provisions | N/A | 10,500,000.00 | 9,500,000.00 | 12,000,000.00 |
| Trade And Other Current Payables | N/A | 222,700,000.00 | 259,400,000.00 | 316,800,000.00 |
| Current Contract Liabilities | N/A | 236,600,000.00 | 306,000,000.00 | 324,300,000.00 |
| Current Tax Liabilities Current | N/A | 8,800,000.00 | 10,700,000.00 | 14,200,000.00 |
| Current Derivative Financial Liabilities | N/A | 0.00 | 800,000.00 | 3,500,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 1,237,800,000.00 | 1,360,800,000.00 | 1,708,700,000.00 |
| Profit Loss From Operating Activities | 149,700,000.00 | 130,300,000.00 | 97,000,000.00 |
| Finance Income | 500,000.00 | 500,000.00 | 10,700,000.00 |
| Finance Costs | 18,900,000.00 | 9,200,000.00 | 23,700,000.00 |
| Profit Loss Before Tax | 131,600,000.00 | 120,700,000.00 | 75,100,000.00 |
| Income Tax Expense Continuing Operations | 29,000,000.00 | 24,500,000.00 | 16,400,000.00 |
| Profit (loss) | 102,600,000.00 | 96,200,000.00 | 58,700,000.00 |
| Profit Loss Attributable To Owners Of Parent | 102,500,000.00 | 96,800,000.00 | 58,700,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 100,000.00 | -600,000.00 | 0.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 102,600,000.00 | 96,200,000.00 | 58,700,000.00 |
| Adjustments For Provisions | N/A | -4,100,000.00 | -2,100,000.00 | 4,200,000.00 |
| Other Adjustments For Noncash Items | N/A | 2,500,000.00 | 3,800,000.00 | 7,400,000.00 |
| Cash Flows From Used In Operations | N/A | 217,600,000.00 | 212,300,000.00 | 96,400,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 182,600,000.00 | 176,200,000.00 | 51,400,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 107,200,000.00 | 43,900,000.00 | 477,800,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 27,500,000.00 | 46,100,000.00 | 52,800,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 27,100,000.00 | 24,800,000.00 | 35,600,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -161,600,000.00 | -121,400,000.00 | -567,200,000.00 |
| Payments From Changes In Ownership Interests In Subsidiaries | N/A | N/A | 0.00 | 16,400,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | N/A | 55,900,000.00 | 0.00 | 19,800,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 730,000,000.00 | 52,200,000.00 | 1,358,000,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 857,600,000.00 | 62,900,000.00 | 763,600,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 10,500,000.00 | 13,100,000.00 | 14,200,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 44,000,000.00 | 41,200,000.00 | 38,700,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -235,600,000.00 | -64,300,000.00 | 505,900,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | -214,600,000.00 | -9,500,000.00 | N/A |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -10,500,000.00 | 8,000,000.00 | 8,500,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | N/A | -9,500,000.00 | -9,900,000.00 |
| Cash and cash equivalents | 303,700,000.00 | 78,600,000.00 | 77,100,000.00 | 75,700,000.00 |
Please note that some sums might not add up.
IS0000000388
LEI5299008YTLEN09WTHW26
SectorIndustrial Machinery & Supplies & Components
Listed Stock ExchangeOMX Iceland All-Share Index
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