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    MAREL   IS0000000388

MAREL HF.

(MAREL)
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Marel : The next level of control and traceability

02/22/2021 | 06:31am EDT
Real-time data collection

Automated data collection is becoming an increasingly important part of food processing. The Slaughter Information System collects data in real time and transforms it into reports and dashboards, which allow you to make informed decisions-quickly and with certainty. It also gives you a complete and clear overview of the entire primary process.

The system captures and registers vital information such as kill number, weight, grade, sample information, veterinarian inspection results and yield. This data not only drives speedier decision making to improve planning and performance but also ensures full traceability of animals throughout primary processing.

Operators can enter information using a scanner or touch screen at terminals located at key points throughout the slaughter process, including live animal receipt.

The screens are user friendly, intuitively operated and completely configurable to allow for individual requirements, for example specific data required by veterinary inspection authorities.

Weighing stations can be installed at different locations in the slaughter line to register animal weight or to assign the weight of by-products to an animal or slaughter lot.

Full process control

From the moment live animals are received, the Slaughter Information System ensures they are registered against a purchase order and details from the initial inspection are captured. It is at this point that the traceability chain begins. Truck weighing and quality inspections are options that can also be added.

During stabling, the operator assigns animals to pens or lanes. The system then connects pens with the planned slaughter process. The information collected by the system not only provides a real-time, live-animal inventory but also improves animal well-being by registering both the filling rate of each pen and the total stable time.

After stabling, animals are taken through the slaughter process for stunning, killing and bleeding, scalding and dehairing to the clean slaughter line. From here, the system assigns animals to individual hooks and sequences them with a kill number. This ensures all data collected can be linked to individual carcasses throughout the slaughter process.

During the grading process, the fat-to-lean ratio is recorded for each carcass. After this, the veterinarian inspection records any defects and registers remarks concerning quality.
The system then uses this information to send a carcass, if required, to re-trim, re-inspection or to be condemned. At the same time, terminals provide important information to operators, such as where to trim a flawed carcass.

Carcass classification

Based on the data collected throughout the primary process the system can automatically give each carcass a sorting class using a classification matrix module. Carcasses with a particular class have similar characteristics allowing them to be stored together on specific rails in the chilling room, helping to achieve optimal order fulfillment.

Performance management

The data that the system captures and registers is used to create dashboards and reports, which give valuable insights into production and quality.

This information supports multiple functions across the organization and can help different stakeholders manage and improve the slaughter process in different ways. It also plays an important role in supplier evaluation.

Detailed planning

Using the data collected for each carcass, the system generates a precise overview of what is being processed. The level of detail gives the planning department a clear overview of what raw material is available for the next stage of processing. This allows them to ensure maximum value is obtained from different parts of the carcass and to accurately plan order fulfillment.

Quality management

The Slaughter Information System registers all information required by law, suppliers and customers. It can also generate legally required documentation. This removes manual audits and checks and minimizes the risk of human error. In addition, data is collected in real time making it possible to take swift and appropriate action if production starts to deviate from the desired specifications.

Increased traceability

There is a growing trend and an overall need for more traceability in food processing. The Slaughter Information System plays an important role in providing data to achieve this. The system conducts quality checks and collects specific data, so that every end product can be traced back to an individual animal. This not only gives consumers piece of mind but also ensures food processors can act quickly and precisely to minimize the size of any recalls. In addition, it helps processors who deal with different quality lines
to ensure they are kept separate.

Complete integration

Innova Slaughter Information System is a fully integrated part of the Innova Software and can connect to other Innova modules to give additional control through secondary processing and beyond. It can also connect and synchronize with ERPs and other third party systems.

Take it to the next level

With the trend in food processing for automation, digital transformation and food safety, Innova's Slaughter Information System is a crucial tool that will give you the control you need to take your business to the next level.

Disclaimer

Marel hf. published this content on 19 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 February 2021 11:30:15 UTC.


© Publicnow 2021
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Financials
Sales 2021 1 395 M 1 671 M 1 671 M
Net income 2021 141 M 169 M 169 M
Net Debt 2021 102 M 123 M 123 M
P/E ratio 2021 31,5x
Yield 2021 1,11%
Capitalization 4 445 M 5 330 M 5 322 M
EV / Sales 2021 3,26x
EV / Sales 2022 2,92x
Nbr of Employees 6 800
Free-Float 77,0%
Chart MAREL HF.
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Marel hf. Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Average target price 6,22 €
Last Close Price 5,84 €
Spread / Highest target 6,82%
Spread / Average Target 6,53%
Spread / Lowest Target 6,24%
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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