Marel hf. financials
Marel hf.
5299008YTLEN09WTHW26 | Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Revenue | €1.72B | €1.71B |
| Cost of sales | €1.13B | €1.13B |
| Gross profit | €596.4M | €578.3M |
| Operating profit (EBIT) | €93.6M | €97.0M |
| Net finance income / (cost) | -€57.0M | -€13.0M |
| Finance costs | €57.4M | €23.7M |
| Profit before tax | €36.1M | €75.1M |
| Income tax expense | €5.1M | €16.4M |
| Profit for the year | €31.0M | €58.7M |
| — attributable to owners | €31.0M | €58.7M |
| — attributable to NCI | €0 | €0 |
| Total comprehensive income | €20.0M | €47.1M |
| Per share | ||
| Basic EPS | €4.11 | €7.78 |
| Diluted EPS | €4.11 | €7.75 |
| Free cash flow / share | €11.69 | €-0.18 |
| Cash flow statement | ||
| Cash generated from operations | €225.8M | €96.4M |
| Net cash from operating activities | €138.1M | €51.4M |
| Income taxes paid | €32.2M | €28.0M |
| Net cash from investing activities | -€95.9M | -€567.2M |
| Purchase of PP&E (capex) | €49.9M | €52.8M |
| Purchase of intangibles | €36.2M | €35.6M |
| Net cash from financing activities | -€45.1M | €505.9M |
| Dividends paid | €11.7M | €38.7M |
| Proceeds from borrowings | €215.0M | €1.36B |
| Repayments of borrowings | €233.1M | €763.6M |
| Lease liability payments | €14.3M | €14.2M |
| Balance sheet | ||
| Total assets | €2.60B | €2.70B |
| Non-current assets | €1.83B | €1.83B |
| Property, plant & equipment | €345.8M | €327.1M |
| Right-of-use assets | €39.3M | €39.8M |
| Intangible assets & goodwill | €859.0M | €859.2M |
| Current assets | €768.2M | €867.2M |
| Inventories | €352.5M | €403.6M |
| Trade & other receivables | €215.2M | €218.3M |
| Cash & equivalents | €69.9M | €75.7M |
| Total equity | €1.04B | €1.03B |
| Non-current liabilities | €946.1M | €865.2M |
| Long-term borrowings | €819.8M | €729.8M |
| Lease liabilities (non-current) | €29.8M | €30.3M |
| Current liabilities | €612.1M | €803.1M |
| Short-term borrowings | €0 | €121.5M |
| Lease liabilities (current) | €11.2M | €10.8M |
| Trade & other payables | €290.4M | €316.8M |
| Deferred tax liabilities | €84.9M | €90.7M |
| Derived metrics | ||
| Free cash flow | €88.2M | -€1.4M |
| Operating margin | 5.4% | 5.7% |
| Net margin | 1.8% | 3.4% |
| Return on equity | 3.0% | 5.7% |
| Cash conversion ratio | 4.45× | 0.88× |
| Capex coverage | 2.77× | 0.97× |
| Other reported items | ||
| Adjustments For Decrease Increase In Trade and Other Receivables | €12.3M | -€59.7M |
| Adjustments For Depreciation Expense | €42.2M | €38.5M |
| Adjustments For Increase Decrease In Trade and Other Payables | -€30.3M | €31.3M |
| Adjustments For Provisions | -€3.2M | €4.2M |
| Cash Flows From Used In Operations Before Changes In Working Capital | €197.5M | €186.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €11.7M | €477.8M |
| Comprehensive Income Attributable To Noncontrolling Interests | €0 | €0 |
| Comprehensive Income Attributable To Owners of Parent | €20.0M | €47.1M |
| Current Contract Assets | €36.3M | €65.8M |
| Current Contract Liabilities | €295.0M | €324.3M |
| Current Derivative Financial Assets | €1.1M | €1.8M |
| Current Derivative Financial Liabilities | €600.0K | €3.5M |
| Current Provisions | €10.0M | €12.0M |
| Current Tax Assets Current | €7.3M | €3.0M |
| Current Tax Liabilities Current | €4.9M | €14.2M |
| Deferred Tax Assets | €38.9M | €31.6M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€2.9M | €8.5M |
| Equity and Liabilities | €2.60B | €2.70B |
| Finance Income | €400.0K | €10.7M |
| General and Administrative Expense | €134.4M | €139.2M |
| Income Tax Relating To Components of Other Comprehensive Income | -€400.0K | -€200.0K |
| Increase Decrease In Cash and Cash Equivalents | -€2.9M | -€9.9M |
| Increase Decrease In Working Capital | -€28.3M | €89.6M |
| Increase Decrease Through Transactions With Owners | -€6.5M | -€42.1M |
| Intangible Assets Other Than Goodwill | €541.2M | €562.3M |
| Investments In Associates Accounted For Using Equity Method | €3.3M | €4.0M |
| Issued Capital | €6.7M | €6.7M |
| Liabilities | €1.56B | €1.67B |
| Noncurrent Derivative Financial Assets | €600.0K | €1.5M |
| Noncurrent Derivative Financial Liabilities | €3.4M | €0 |
| Noncurrent Provisions | €5.5M | €6.9M |
| Other Adjustments For Noncash Items | €6.1M | €7.4M |
| Other Comprehensive Income | -€11.0M | -€11.6M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | -€2.1M | -€800.0K |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -€9.3M | -€11.0M |
| Other Noncurrent Financial Assets | €3.5M | €3.7M |
| Other Noncurrent Payables | €2.7M | €7.5M |
| Other Reserves | -€44.4M | -€33.4M |
| Payments From Changes In Ownership Interests In Subsidiaries | €0 | €16.4M |
| Payments To Acquire Or Redeem Entitys Shares | €0 | €19.8M |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €1.9M | €1.9M |
| Proceeds From Sale Or Issue of Treasury Shares | -€1.0M | €600.0K |
| Purchase of Treasury Shares | — | €19.8M |
| Research and Development Expense | €119.3M | €105.9M |
| Retained Earnings | €640.0M | €614.6M |
| Sale Or Issue of Treasury Shares | — | €4.2M |
| Sales and Marketing Expense | €249.1M | €236.2M |
| Share of Profit Loss of Associates Accounted For Using Equity Method | -€500.0K | -€1.9M |
| Share Premium | €439.3M | €440.2M |
Every line item above is a fact tagged in Marel hf.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.