Company Search:
Advanced Search
Sponsored Links
Marel Food Systems Company Snapshot
Marel hf is an Iceland-based holding company active within the food industry. It is primarily engaged in providing equipment, systems and services for the poultry, meat and fish processing industry. The Company activities are divided into following segments: Poultry, including processing systems for broilers, turkeys and ducks; Fish, providing equipment and system for processing whitefish an salmon; Meat, including systems and services to the red meat industry, such as deboning and trimming, case ready and bacon processing; Further Processing, including portioning and forming, marinating, coating, frying, cooking and sausage making; and More Foods, including systems and services to processing such foods as vegetables, fruit and cheese. The Company's distribution network includes sales and service units in over 30 countries. In the first quarter of 2014, the Company merged three business units in Marel meat activities and narrowed the product portfolio in the freezing segment.

Sales Analysis. Marel Food Systems reported sales of 128.17 billion Icelandic Kr�nur (US$1.24 billion) for the year ending December of 2016. This represents an increase of 7.6% versus 2015, when the company's sales were 119.11 billion Icelandic Kr�nur . This was the third consecutive year of growth at Marel Food Systems. Sales of Meat saw an increase that was more than double the company's growth rate: sales were up 154.2% in 2016, from 16.66 billion Icelandic Kr�nur to 42.36 billion Icelandic Kr�nur . Not all segments of Marel Food Systems experienced an increase in sales in 2016: sales of Other fell 37.3% to 1.05 billion Icelandic Kr�nur . (However, this segment's sales were only a very small portion of the company's overall sales). Marel Food Systems also experienced decreases in sales in Fish (down 17.7% to 16.79 billion Icelandic Kr�nur ) .
Company ReportsSubscriptions
Looking For More?
Purchace an In-Depth Report
Marel Food Systems
  Stock Performance Chart for Marel Food Systems
  Stock Data: Recent Stock Performance:
  Current Price (11/10/2017): 333.00
(Figures in Icelandic Krónur )
1 Week -2.1%   13 Weeks -4.9%  
4 Weeks -10.5%   52 Weeks 35.6%  
Marel Food Systems Key Data:
  Ticker: MARL Country: Iceland
  Exchanges: OTH Major Industry: Capital Goods
    Sub Industry: Food Products Machinery
  2016 Sales 128,174,244,817
(Year Ending Jan 2017).
Employees: 4,599
  Currency: Icelandic Krónur Market Cap: 234,143,289,000
  Fiscal Yr Ends: December Shares Outstanding: 703,133,000
  Share Type: Ordinary Closely Held Shares: 207,601,262
Sponsored Links
Feedback | Terms and Conditions | Privacy Policy | Site Index
CorporateInformation® website and selected data Copyright © 2000 - by The Winthrop Corporation. All Rights Reserved. Except for quotations by established news media, no pages on this site may be reproduced, stored in a retrieval system, or transmitted for commercial purposes, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without prior written permission. Information is believed reliable, but accuracy, completeness and opinions are not guaranteed.