Marel hf. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 447.4 million compared to EUR 371.6 million a year ago.

Net income was EUR 9.1 million compared to EUR 21.7 million a year ago. Basic earnings per share from continuing operations was EUR 0.0121 compared to EUR 0.0287 a year ago. Diluted earnings per share from continuing operations was EUR 0.0121 compared to EUR 0.0282 a year ago.