Marel Q2 2023 Earnings Investor Presentation

Marel reported Q2 2023 orders of EUR 406.5 million, up 12.1% quarter-over-quarter, with revenues at EUR 422.4 million. The company forecasts 12-14% EBIT margin in Q4 2023, targeting a sustainable 14-16% level in 2024, driven by strong pipeline growth in poultry, pet food, and plant-based protein segments.