Marel hf (OISE:MAREL)

kr 504 4 (0.8%) Market Cap: 379.99 Bil Enterprise Value: 501.73 Bil PE Ratio: 0 PB Ratio: 2.39 GF Score: 79/100

Q2 2023 Marel hf Earnings Call Transcript

Jul 27, 2023 / 07:30AM GMT

Release Date Price: kr445 (-0.89%)

Transcript

Tinna JÃ³nsdÃ³ttir Molphy

Marel hf. - Director of IR

Good morning and welcome to our second quarter investor meeting where CEO, Arni Oddur Thordarson; and CFO, Stacey Katz will go over the financial results and some key business highlights. My name is Tinna Molphy, Investor Relations, and I'll be your moderator in today's session and we'll cover the presentations and then conclude with Q&A. Hopefully, we will conclude within the full hour. (Operator Instructions)

With that, I'd like to hand over to Arni Oddur Thordarson.

Arni Oddur Thordarson

Marel hf. - CEO

Thank you, Tinna, and welcome to our meeting as well in the middle of the summer here in Iceland. Let's move on into the market and market performance and order intake and starting with a -- it's okay. Let's go on the right slides.

So welcome again. Let's go into the dynamics in the market. It has been interesting periods of softness in recent quarters. And now we are counting 4 quarters on a relatively low level. That is the longest softness in our market that we have seen since,

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