Home Investors Financials Outlook Marel is targeting 12% average annual revenue growth from 2017-2026 through market penetration and innovation, complemented by strategic partnerships and acquisitions. Marel enjoys a balanced exposure to global economies and local markets through its global reach, innovative product portfolio and diversified business mix. Marel is committed to its financial targets Marel is targeting 12% average annual revenue growth from 2017-2026 through market penetration and innovation, complemented by strategic partnerships and acquisitions. Our strategic mid-term targets are to achieve 40% gross profit, SG&A of around 18% and Innovation at the 6% strategic level by year-end 2023. Market conditions have been challenging due to geopolitical uncertainty and the current COVID-19 pandemic. Marel enjoys a balanced exposure to global economies and local markets through its global reach, innovative product portfolio and diversified business mix. At the moment it is not known what the full economic impact of COVID-19 will have on Marel. Marel is committed to achieve its mid- and long term growth targets. Financial targets Marel’s management expects 4-6% average annual market growth in the long term. Marel aims to grow organically faster than the market, driven by innovation and growing market penetration. Maintaining solid operational performance and strong cash flow is expected to support 5-7% revenues growth on average by acquisition. Marel’s management expects basic EPS to grow faster than revenues. Growth is not expected to be linear but based on opportunities and economic fluctuations. Operational results may vary from quarter to quarter due to general economic developments, fluctuations in orders received and timing of deliveries of larger systems. In the period 2017-2026, Marel is targeting 12% average annual revenue growth through market penetration and innovation, complemented by strategic partnerships and acquisitions. Financial targets Marel is targeting 12% average annual revenue growth from 2017-2026 through market penetration and innovation, complemented by strategic partnerships and acquisitions. Revenue growth Innovation investment Earnings per share Leverage Dividend policy Target Description FY19 FY18 FY17 FY16 12% average annual revenue growth in 2017-2026* Up to 2026, management forecasts 4-6% average annual market growth. Marel aims to grow organically faster than the market, driven by innovation and growing market penetration. Solid operational performance and strong cash flow is expected to support 5-7% revenue growth on average by acquisitions. 7.2% 15.4% 5.6% 20.1% * Growth is not expected to be linear but based on opportunities and economic fluctuations. Operational results may vary from quarter to quarter due to general economic developments, fluctuations in orders received and timing of deliveries of larger systems. Disclaimer This list is provided for informational purposes only and is subject to change. Any opinions, estimates or forecasts regarding Marel’s performance and/or outlook made by these analysts and their respective brokerage firms are not opinions, forecasts or predictions of Marel or its management. By providing the list, Marel does not imply its endorsement of or concurrence with such information, conclusions or recommendations. Marel will not distribute analyst reports. Copies of reports should be obtained directly from the analysts or their brokerage firms. You may also be interested in Understanding Marel In partnership with our customers, we are transforming the way food is processed. Our vision is of a world where quality food is produced... Read more Our leadership A company is only as good as its employees. Take a closer look at Marel’s senior decision-makers, and learn about some of the experiences... Read more Next +354 563 8000 Social media Industries Poultry Meat Fish Prepared Foods Water Treatment More industries General Service Software News Events Webshop Company About Marel Our people CSR Demo Centers Work at Marel Contact Marel Investors Investors Understanding Marel Financials Shareholder center Corporate governance Newsletter Sign up for our newsletter Disclaimers Disclaimers General privacy policy 1999 - 2021 © Marel About cookies on this site We use cookies to collect and analyse information on site performance and usage, to provide social media features and to enhance and customise content and advertisements. Read privacy policy ALLOW ALL COOKIES COOKIE SETTINGS