Marel Poultry had an excellent year, with strong operational profit margins and volumes. Market conditions in poultry remained favorable throughout the year and projects were well distributed geographically and between different product types and sizes, including large projects in Germany, Italy, Poland, U.K. and Malaysia.
Marel Meat continued to gradually improve from previous years and showed a significant improvement in 2015 with results fully in line with targets. In November, Marel announced the acquisition of MPS meat processing systems which makes Marel full line provider to the meat industry. After the acquisition Marel Meat will account for 30% of the total company revenue and profit.
Marel Fish saw good improvements throughout the year. Salmon and whitefish delivered good growth and results. The FleXicut Waterjet cutter continues to impress customers and has generated considerable attention following successful development projects in Iceland.