(Corrects margin measurement in final paragraph to EBIT, not EBITDA)
AMSTERDAM, May 20 (Reuters) - Marel hf, the Iceland-based maker of meat processing equipment, said on Monday the company will seek a second listing on the Euronext Stock Exchange in Amsterdam, and issue new shares representing 15% of its total share base.
Marel, which is the largest publicly traded company in Iceland, said in a statement that it desired the second listing in order to better carry out its growth and acquisition strategy.
Trading in Marel shares represents 36% of the total on the Nasdaq Iceland Stock Exchange, the company said, adding it had posted about 1.2 billion euros ($1.34 billion) in 2018 revenue.
The company did not immediately provide profit figures, but said it had an adjusted earnings before interest and taxes (EBIT) margin of 14.6% of sales in 2018.
$1 = 0.8969 euros Reporting by Toby Sterling, Editing by Sherry Jacob-Phillips