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Marel
Marel (MAREL) investor relations material
Marel has been acquired by JBT Marel Corporation
Marel Fireside Chat summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Fireside Chat summary11 Dec, 2024
Introduction and agenda
The event began with a welcome and outlined a program including a CEO fireside chat, facility tours, and innovation showcases focused on food processing solutions and services.
The session included both in-person and virtual participation, with Q&A facilitated for all attendees.
Background and experience of the speaker
The CEOs and CFO shared their experiences visiting Iceland, highlighting the country's culture and the hospitality received.
Both leaders emphasized the strong, welcoming culture and the complementary nature of their organizations.
Current industry trends
The food processing industry is experiencing consolidation, with scale and diversification becoming increasingly important.
There is a global trend toward increased protein consumption, automation, and efficiency, with growth particularly strong in Asia and Latin America.
Markets are recovering, especially in poultry, while meat and fish segments are emerging from challenging cycles.
Sustainability, efficiency, and digital adoption are key drivers for future growth.
What's the plan for the next 2 weeks?
How will JBT & Marel integrate cultures?
How will the merger impact customer service?
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excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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Amina0781App Store
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Frequently asked questions
Leading solutions for peak productivity
With over 7000 employees and operations in more than 180 countries, this Iceland-headquartered food processing giant, with a 3.5 billion dollar market cap, manufactures and supplies equipment, systems, and software to food processors in the poultry, meat, and fish industry.
Optimizing with digitization and automation
Much like Deere & Company, Marel puts a lot of emphasis on digitization, automation, and robotics when developing new products.
The fishing industry in Iceland accounts for over five percent of the country’s total workforce, which means it is a very important industry for this nation of under 400,000 people. Marel’s founders began experimenting with electronics and computers in the early 1980s to weigh fish to minimize the waste accurately and therefore optimize the profitability and efficiency of their customers.
Equipment for various segments
Since those days, Marel has broadened its scope and today offers equipment for other types of meat processing as well. In fact, poultry is now their largest segment. Marel also offers equipment for wastewater treatment and packing and logistics products.
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