Operational profit margins and volumes in Marel’s poultry segment improved gradually throughout the year and closed the year at a good level. Poultry secured many medium and large projects around the world during the year and the order book is at a healthy level entering 2015.
The year was good for Marel’s fish segment. For the second consecutive year, Marel’s salmon activities returned healthy results and increased activity was also seen in whitefish projects throughout the year. Marel is the leading global provider of advanced systems to the global salmon industry.
During the year, Marel took several steps to streamline operations in the company’s meat segment. Business units and operations were consolidated, which will result in increased synergies in sales and innovation. Landmark sales were finalized during 2014 in all continents and reference projects have been established around the globe.
The year began slowly for Marel’s Further Processing segment, but order intake picked up to a good level during the second half of the year. Positive signals were visible in various markets and important sales were finalized. A strong driver is the positive economic situation in the U.S.