Previous close | 855.12 |
Open | 0.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | N/A |
Market cap | 404.407B |
Beta (5Y monthly) | 0.37 |
PE ratio (TTM) | 3,687.78 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Marel hf. published its Q3 2022 Condensed Consolidated Financial Interim Statements after market closing on 2 November 2022. Please find attached the Q3 2022 investor presentation for today’s investor meeting at 8:30 am GMT (9:30 am CET), where senior management will give an overview of the financial results and operational highlights in the third quarter. The meeting is webcast live on marel.com/webcast and a recording is available after the meeting on marel.com/ir. Members of the investment co
On 2 November, Marel signed a new 3-year USD 300m term loan with an initial margin of 250bp on top of Secured Overnight Financing Rate (SOFR). The margin will move in line with the net debt/EBITDA ratio and has a two-year uncommitted extension option. Part of this new financing will be used to repay the EUR 150m multi-currency bridge facility drawn for operational headroom when acquiring Wenger. While Marel is within the acquisition spike and covenant terms of the EUR 700 million revolving facil
Executive summary On track towards the 14-16% EBIT target for year-end 2023.Improved operational performance on higher volume enabled by automation infrastructure investments, solid customer deliveries, as well as better price/cost coverage.Full benefit of already enacted pricing actions to filter through in coming quarters resulting in better price/cost coverage and gradual margin expansion. Annualized savings from the 5% workforce reduction revised to up to EUR 25m (previously stated EUR 20m),