Marel hf (OTCPK:MRRLF)

$ 3.46 0.12 (3.59%) Market Cap: 2.66 Bil Enterprise Value: 3.61 Bil PE Ratio: 0 PB Ratio: 2.41 GF Score: 84/100

Q4 2020 Marel hf Earnings Call Transcript

Feb 04, 2021 / 08:30AM GMT

Transcript

Tinna JÃ³nsdÃ³ttir Molphy

Marel hf. - Manager of IR

So good morning to you all, and welcome to Marel's investor meeting broadcast to you live from our headquarters here in Reykjavik, Iceland. My name is Tinna Molphy, Investor Relations, and I will be your moderator today for a session that will last probably no longer than an hour, including Q&A.

I'm joined here by CFO, Ãrni Oddur ThÃ³rdarson -- CEO, Ãrni Oddur ThÃ³rdarson; and CFO, Linda JÃ³nsdÃ³ttir, who will go over the fourth quarter and the full year results and some key business highlights. We will then conclude, and the moderator will explain that in a bit. (Operator Instructions)

So without further delay, I'd like to hand over to CEO, Ãrni Oddur ThÃ³rdarson.

Ã;rni Oddur ThÃ³rdarson

Marel hf. - CEO

Yes. Thank you, Tinna. Welcome to this investor call all here. It's a very, very strong closing to the year. We are actually delivering a record EBIT. Our revenues are EUR 343 million, and our EBIT is north of 15% -- 15.2%. It's a stark contrast to our fourth quarter

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