Annual report 2016
Marel Poultry, Marel Meat and Marel Fish offer solutions and services tailored to the sectors they serve. Each division offers primary, secondary and further processing solutions designed to meet current and future processing needs. Marel Poultry is the largest division, followed by Marel Meat and Marel Fish. All of them are leading the way in innovation and processing improvements worldwide.
Marel Poultry had an excellent year, with strong operational profit margins and volumes. Market conditions in poultry remained favorable throughout the year. Projects were well distributed geographically and between different product types and sizes, including large projects in Hungary, France, Russia, China, Korea and in the U.S. A number of innovative solutions were introduced during the year.
Marel Meat is now a full-line provider to the meat industry as MPS Meat processing systems has been part of Marel since February 1, 2016. Integration of Marel and MPS is on track and going well. From January 1, 2017 all products from Marel Meat and MPS are presented as Marel Meat. Marel Meat had a good year with strong operational profit margins and volumes. Market conditions for large projects picked up during the latter half of the year which saw a unified sales team secure full line projects in China, S-America and in the U.S.
Soft market conditions at the beginning of the year and the rationalization of the product offering negatively affected Marel Fish’s results in 2016. During the last quarter of the year market conditions picked up and Marel Fish secured a record order intake due to a strategic shift and improved market conditions. Landmark projects were secured in the salmon industry in Norway in addition to various projects in Europe, North- America and South-America.