Marel hf. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was EUR 412.6 million compared to EUR 447.4 million a year ago.

Net loss was EUR 3.2 million compared to net income of EUR 9.1 million a year ago. Basic loss per share from continuing operations was EUR 0.0042 compared to basic earnings per share from continuing operations of EUR 0.0121 a year ago. Diluted loss per share from continuing operations was EUR 0.0042 compared to diluted earnings per share from continuing operations of EUR 0.0121 a year ago.