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Iceland’s Marel sees 7% revenue growth in 2019 despite weak Q4

The Icelandic manufacturer of meat and fish processing gear saw revenue grow to €1.28bn across all divisions, despite an unexpectedly low EBIT margin in Q4

By Undercurrent News | Jan. 20, 2020 10:33 GMT
Marel headquarters in Reykjavik
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Icelandic processing equipment maker Marel enjoyed a successful 2019, although earnings growth was dented by a weaker fourth quarter than expected, the company announced in a trading update [...]

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