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Marel’s historical key reports and presentations, which are prior to the combination with JBT, can be accessed below.
Financial information
Financial reports and presentations
Below are links to historical Marel financial reports and presentations, which are prior to the combination with JBT, which occurred on January 2, 2025. For Marel’s historical Capital Markets Day content and ESG related disclosures, please refer to the respective sections below.
Financial accounts |
Press release |
Presentation |
Fact sheet |
|
|---|---|---|---|---|
|
Q1 2022 |
PDF XLS | PDF News | PDF Recording SlideShare | |
|
Q2 2022 |
PDF XLS | PDF News | PDF Recording SlideShare | |
|
Q3 2022 |
PDF XLS | PDF News | PDF Recording SlideShare | |
|
Q4 and full year 2022 |
PDF XLS ESEF | PDF News |
PDF
Recording
|
|
|
Wenger acquisition |
Original announcement Acquisition closed | PDF Recording | ||
|
Annual Report |
PDF Website | |||
|
Corporate governance statement |
Financial accounts |
Press release |
Presentation |
Fact sheet |
|
|---|---|---|---|---|
|
Q1 2021 |
PDF XLS | PDF News | PDF Recording SlideShare | |
|
Q2 2021 |
PDF XLS | PDF News | PDF Recording SlideShare | |
|
Q3 2021 |
PDF XLS | PDF News | PDF Recording SlideShare | |
|
Q4 and full year 2021 |
PDF XLS ESEF | PDF News | PDF Recording SlideShare | |
|
Annual report |
PDF Website | |||
|
Corporate governance statement |
Financial accounts |
Press release |
Presentation |
Fact sheet |
|
|---|---|---|---|---|
|
Q1 2020 |
PDF XLS | PDF News | PDF Recording SlideShare | |
|
Q2 2020 |
PDF XLS | PDF News | PDF Recording SlideShare | |
|
Q3 2020 |
PDF XLS | PDF News | PDF Recording SlideShare | |
|
Q4 and full year 2020 |
PDF XLS | PDF News | PDF Recording SlideShare | |
|
Annual report |
PDF Website | |||
|
Corporate governance statement |
||||
|
ESG report |
Capital Markets Day
Below are links to Marel’s past Capital Markets Day disclosures, which are prior to the combination with JBT.
Press release |
Presentation |
Recording |
Event page |
|
|---|---|---|---|---|
|
#1 Virtual site visit |
News |
Watch
|
||
|
#2 Growth |
PDF SlideShare |
Watch
|
View page | |
|
#3 Global reach |
PDF SlideShare |
Watch
|
View page | |
|
#4 Digitalization |
PDF SlideShare |
Watch
|
View page | |
|
#5 Sustainability |
PDF SlideShare |
Watch
|
View page |
Presentation |
|
|---|---|
|
Capital Markets Day (Arion bank) |
Sustainability and ESG
Below you can find links to Marel’s historical ESG reports and related documentation from 2020 – 2023, which are prior to the combination with JBT. For earlier reporting, please see the financial reports section.
Latest financial results
Q3 2024 key figures
Orders received of EUR 403m and EBIT at 9.4% despite revenue decline.
402.5m
Revenues in EUR
36.2m
Adjusted EBIT in EUR
402.5m
Orders received in EUR
554.1m
Order book in EUR
Financial highlights
Key figures for the last five years of operations.
Key figures |
2023 |
2022 |
2021 |
2020 |
2019 |
|
|---|---|---|---|---|---|---|
|
Revenues |
1,721.4 |
1,708.7 |
1,360.8 |
1,237.8 |
1,283.7 |
|
|
Result from operations (EBIT1) |
153.1 |
163.4 |
153.6 |
166.8 |
173.4 |
|
|
EBIT1 as a % of revenues |
8.9% |
9.6% |
11.3% |
13.5% |
13.5% |
|
|
Result before depreciation and amortization (EBITDA1) |
217.4 |
221.4 |
205.4 |
217.5 |
- |
|
|
EBITDA1 as a % of revenues |
12.6% |
13.0% |
15.1% |
17.6% |
- |
|
|
Orders received |
1,626.3 |
1,734.0 |
1,502.0 |
1,234.1 |
1,222.1 |
|
|
Leverage2 |
3.45 |
3.42 |
0.83 |
0.75 |
0.27 |
1 EBIT and EBITDA adjusted for PPA related costs, including depreciation and amortization, acquisition related expenses and restructuring costs.
2 Net debt (excluding lease liabilities) / Pro forma LTM adjusted EBITDA (including recent acquisitions) excluding non cash and one off costs per Marel's credit agreement.
Results |
2023 |
2022 |
2021 |
2020 |
2019 |
|---|---|---|---|---|---|
|
Revenues |
1,721.4 |
1,708.7 |
1,360.8 |
1,237.8 |
1.283.7 |
|
Gross profit |
612.2 |
604.9 |
498.1 |
462.5 |
491.1 |
|
Result before depreciation and amortization (EBITDA) |
191.4 |
178.6 |
198.9 |
212.5 |
220.3 |
|
Result from operations (EBIT) |
93.6 |
97.0 |
130.3 |
149.7 |
162.6 |
|
Net result for the period |
31.0 |
58.7 |
96.2 |
102.6 |
110.1 |
Order book |
2023 |
2022 |
2021 |
2020 |
2019 |
|---|---|---|---|---|---|
|
Orders received |
1,626.3 |
1,734.0 |
1,502.0 |
1,234.1 |
1.222.1 |
|
Order book |
580.1 |
675.2 |
569.0 |
415.7 |
414.4 |
Cash flow statement |
2023 |
2022 |
2021 |
2020 |
2019 |
|---|---|---|---|---|---|
|
Cash generated from operating activities, before interest & tax |
225.8 |
96.4 |
212.3 |
217.6 |
189.8 |
|
Net cash from (to) operating activities |
138.1 |
51.4 |
176.2 |
182.6 |
142.5 |
|
Investing activities |
(95.9) |
(567.2) |
(121.4) |
(161.6) |
(54.2) |
|
Net cash from (used in) financing activities |
(45.1) |
505.9 |
(235.6) |
(235.6) |
156.8 |
Financial position |
2023 |
2022 |
2021 |
2020 |
2019 |
|---|---|---|---|---|---|
|
Total assets |
2,599.8 |
2,696.4 |
2,005.0 |
1,814.9 |
1,861.2 |
|
Working capital |
156.1 |
64.1 |
45.7 |
44.1 |
246.3 |
|
Group equity |
1,041.6 |
1,028.1 |
1,023.1 |
958.7 |
955.8 |
|
Net debt |
790.9 |
816.7 |
199.2 |
205.2 |
97.6 |
Various figures in proportion to sales |
2023 |
2022 |
2021 |
2020 |
2019 |
|---|---|---|---|---|---|
|
Gross profit |
35.6% |
35.4% |
36.6% |
37.4% |
38.3% |
|
Selling and marketing expenses |
14.5% |
13.8% |
13.3% |
12.0% |
12.4% |
|
Research and development expenses |
6.9% |
6.2% |
6.4% |
5.9% |
6.7% |
|
Administrative expenses |
7.8% |
8.1% |
7.1% |
7.1% |
6.5% |
|
Wages and benefits |
39.6% |
38.8% |
38.3% |
37.4% |
35.0% |
|
Result before depreciation (EBITDA) |
11.1% |
10.5% |
14.6% |
17.2% |
17.2% |
|
Depreciation/amortization |
5.7% |
4.8% |
5.0% |
5.1% |
4.5% |
|
Result from operations (EBIT) |
5.4% |
5.7% |
9.6% |
12.1% |
12.7% |
|
Net result for the period |
1.8% |
3.4% |
7.1% |
8.3% |
8.6% |
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Contact IR
For further information, please contact JBT Marel Investor Relations via
- email JBTMarel.IR@jbtc.com, or
- telephone +1 312-861-5784