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    MAREL   IS0000000388

MAREL HF.

(MAREL)
  Report
End-of-day quote. End-of-day quote Nasdaq Iceland - 06/16
847 ISK   -3.09%
06/15MAREL  : IMPAQT makes a world of difference
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06/14MAREL  : Every measure counts
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06/02MAREL  : Adding value to your fish product line
PU
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Marel : Adding value to your fish product line

06/02/2021 | 10:45am EDT

Market demand continues to rise significantly for convenience fish products. Whether they are fish fillets, fingers, or cakes, consumers are looking to spend less time preparing a healthy meal and more time enjoying it. Valuable raw materials like off-cuts, trims, mince, or frozen blocks can be turned into profitable value-added products. Your end product is our starting point.

Are you looking to diversify your processing capabilities and add value to your fish product line? We offer various solutions to produce value-added fish and seafood products, and coating is no exception. Marel's coating systems can supply the appropriate application for virtually any type of coating, delivering the exact process sequences needed with efficiency and ease.

Good batter coverage is crucial for your whitefish products

Presentation is everything

Presentation plays a significant role in a consumer's purchasing decision, so it is vital to perfect your coating when producing breaded whitefish products. Coating not only enhances the look, taste and texture of your product but also increases yield and protects products from damage during freezing. It adds bite, flavor and color to your product, as well as weight, stability and value. The number of possible coatings is endless.

Laying the foundation

When producing perfectly coated products, such as fillets and fish cakes, good batter coverage is crucial, but it's challenging to get an even layer on all sides of the product. The Active Batter Applicator ensures just that. The machine's innovative design with active under-bed technology transfers products onto a layer of batter before touching any belts laying an ideal foundation for a good coating.

The Active Batter Applicator ensures even coverage over any size or shape of fish fillet

Controlling the flow of crumb

The RevoCrumb uses an innovative crumb-management system to produce perfectly coated products. The crumb-management system separates the coarse from the fine crumb and gives you control over their flow onto the product. This state-of-the-art system guarantees the perfect, all-around appearance and lets you independently adjust the top and bottom layers to ensure optimum coverage.

Thanks to the RevoCrumb's unique paddle-wheel design, you can rest assured that the crumb structure remains intact during processing. The RevoCrumb does not grind or crush, making it particularly suitable for fragile crumbs such as coarse panko or cornflakes.

'When we developed our innovative coating equipment, we incorporated changing market requirements, like premiumization and higher quality products. We combined that with a higher level of flexibility and process stability. Crumb management enables our customers to create top products, with a perfect particle definition, at high volumes,' says Mark Boom, Product Specialist of Convenience at Marel.

Top and bottom layers of fish products are perfectly coated with the RevoCrumb's innovative crumb-management system

Consistency - getting it right every time

At Marel, we understand that reaching maximum product consistency is crucial. Consumers set high requirements for the products they consume. They want to be able to order or buy products with the same characteristics every single time. That is why convenience products have to meet strict product specifications set by customers in retail or food service. End products need to be consistent in weight, dimensions, color, and overall appearance. To meet these specifications, it is essential that you have a consistent and controlled production process, day in, day out.

Coating enhances the look, taste and texture of your fish products

Your partner in adding value

There are numerous ways to add value to a fish processing line and deliver the high-quality products that consumers want to buy. Whether you are looking to increase your current production capacity or diversify your product portfolio, we have the solutions to maximize your raw material. Marel is a partner with deep-rooted knowledge of food technology, an in-depth understanding of further processing and is always one step ahead of consumer demand. We continue to innovate solutions for fish processors to maximize their product usage and increase their profits by creating convenience products of the highest quality. Working closely with you, we find the best solution to fit your needs and increase your productivity.

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Disclaimer

Marel hf. published this content on 02 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2021 14:44:06 UTC.


© Publicnow 2021
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Financials
Sales 2021 1 397 M 1 664 M 1 664 M
Net income 2021 128 M 153 M 153 M
Net Debt 2021 114 M 136 M 136 M
P/E ratio 2021 33,0x
Yield 2021 1,04%
Capitalization 4 341 M 5 177 M 5 171 M
EV / Sales 2021 3,19x
EV / Sales 2022 2,85x
Nbr of Employees 6 800
Free-Float 82,9%
Chart MAREL HF.
Duration : Period :
Marel hf. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Average target price 6,31 €
Last Close Price 5,77 €
Spread / Highest target 11,2%
Spread / Average Target 9,33%
Spread / Lowest Target 7,46%
EPS Revisions
Managers and Directors
NameTitle
Árni Oddur Þórðarson Chief Executive Officer
Linda Jonsdottir Chief Financial Officer, EVP-Finance, IT & HR
Ásthildur Margrét Otharsdóttir Chairman
Arnar Þór Másson Vice Chairman
Margret Jonsdottir Independent Director
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