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Healthy growth for Marel in a challenging market

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April 2013 Playing on its strengths by reaping the benefits of integration and a global network of sales and service, Marel showed solid revenue growth over the past year. In particular, local subsidiary Marel SA has seen growth of 20%. This is especially impressive in the context of the global organisation’s results, which report revenue growth of 6.8%. Theo Hoen, CEO of Marel states “A healthy 6.8% growth in a challenging market is an achievement. In the last four years we have grown immensely. We have introduced a steady pipeline of new products, strengthened our sales and service network, and at the same time we have merged several companies into one. Last year we saw strong growth in our fish segment and in fourth quarter we saw signs of a turn-around in the meat industry. We maintained our position as market leader in further processing, and the poultry segment remained the backbone of our revenue base with returns above target.” A leading provider of advanced equipment,...