other material
confidence high
sentiment negative
materiality 0.75
Marel 2024 revenue EUR 1.64B, net loss EUR 25M vs prior year profit
JBT MAREL Corp
- Revenue of EUR 1,642.7 million, down 4.6% YoY from EUR 1,721.4M.
- Net loss of EUR 25.1 million vs net profit of EUR 31.0M in 2023; operating profit fell to EUR 67.0M from EUR 93.6M.
- Total assets EUR 2,555.2M; total shareholders' equity EUR 1,007.9M; cash and equivalents EUR 83.2M.
- Debt: current borrowings EUR 436.7M, non-current borrowings EUR 392.8M; net finance costs EUR 68.7M.
- Marel delisted from Nasdaq Iceland and Euronext Amsterdam on Jan 3, 2025 after JBT takeover.