Soft market conditions at the beginning of the year and the rationalization of product offering negatively affected the results of Marel Fish in 2016.
Marel Fish accounted for 13% of Marel’s revenue in 2016. Marel Fish generated €127 million in revenue with an EBIT of €3.9 million (3.1% of revenue) in 2016. In the first half of 2016, Marel streamlined its operations in Seattle and rationalized its product portfolio. Marel is now focusing its onboard business on innovative and standardized solutions instead of customized ad-hoc solutions.
Market conditions were soft for most of 2016 but picked up in the fourth quarter and Marel Fish secured a record order intake with various projects in Europe and North and South America. The highlight was a landmark order with Lerøy Seafood Group in Norway, which is one of the largest fish industry contracts to date.
Marel will deliver a logistics system, a packing system for whole fresh salmon and five filleting lines to Lerøy’s new state-of-the-art processing facility in Jøsnøya, Norway, early in 2018. The facility will have all the latest salmon processing technology from Marel and will set new benchmarks for the industry. Annual capacity will be over 100,000 tons.
The project is a platform for an innovative partnership that aims to drive the salmon processing industry forward. Marel is very proud to be delivering efficient high-tech systems to Lerøy’s groundbreaking facility.
As in the previous years, Marel Fish successfully exhibited its latest innovations for the fish industry at various international tradeshows and events.
Marel is constantly looking for new opportunities to deliver the next application that will help processors stay ahead. Marel Fish believes that high quality raw material deserves the best quality processing technology. Marel meets the needs of a wide range of customers: from those who need sturdy entry-level equipment to those who are well on their way to revolutionizing the fish processing industry.
Marel Fish introduced innovative new solutions in 2016, with new technologies and updates of existing solutions. The emphasis was on reducing labor and increasing yield and efficiency and help customers get the most out of their valuable raw material.
From Marel’s end-of-line solutions, the new M360 labeler was launched. This state-of-the-art labeler employs the latest technology in linerless labeling. It offers premium presence on the retail shelf for all pack types.
The FleXicut high precision water-jet cutter for pinbone removal and portioning–one of the company’s flagship innovations–was upgraded and extended. Up and running at several large processors, the system continues to impress customers. It has generated considerable attention following successful development projects.
The high level of technology and automation inherent in the FleXicut are the key elements that will transform the very nature of whitefish processing. The system enables producers to process the fish closer to source, which increases the quality and value of the product. This is a game changer for the industry as processors are under pressure from a very discerning market that calls for high quality products at competitive prices.
Marel Fish is constantly working on greater efficiency and quality to help producers become more sustainable. Energy and water consumption must also be considered in processing. Marel's solutions are designed to deal with these issues effectively. By developing the FleXicut, Marel is also contributing to reducing the overall environmental footprint by helping customers process the fish closer to source, thus drastically reducing the distance the fish must travel before it reaches the end consumer.