Marel hf (CHIX:MARELa)

€ 3.31 0 (0%) Market Cap: 2.42 Bil Enterprise Value: 3.23 Bil PE Ratio: 0 PB Ratio: 2.38 GF Score: 79/100

Marel hf Annual Shareholders Meeting Transcript

Mar 18, 2020 / 04:00PM GMT

Release Date Price: €3 (-1.64%)

Transcript

Ã;sthildur MargrÃ;t OtharsdÃ³ttir

Marel hf. - Independent Chairman of the Board

© -

Dear shareholders and dear guests, these are unprecedented times, and we are faced with a global challenge that requires the best of us, both individually and collectively. At Marel, our foremost responsibility is now to take care of our people and our customers. We must ensure the safety of Marel employees all over the world, and we must do our utmost to help our customers secure continuity in their operations and providing safe food.

This global pandemic will run its course, and Marel's largest contribution will continue to be the quest of making quality food sustainable and affordable. These extraordinary times are a stark reminder of the importance of access to safe food for everyone.

Looking beyond the pandemic, then feeding the world's growing population is one of the biggest challenges facing society today. We must find new ways to produce quality food sustainably and affordably and do more with less. Otherwise, the estimated 70% increase in demand for food over the

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