Finance

Iceland’s Marel issues profit warning, announces job cuts

Despite reporting a ‘record high’ order book following recent acquisitions, the group's operational performance is below expectations.

To lower costs the difficult decision has been made to reduce headcount by five percent across the global Marel workforce.
To lower costs the difficult decision has been made to reduce headcount by five percent across the global Marel workforce.Photo: Marel
Published 20 July 2022, 08:36Updated 20 July 2022, 13:02
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