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    1. MARR: the Shareholders’ Meeting approves the 2010 financial statements
  15. 2010

MARR: the Shareholders’ Meeting approves the 2010 financial statements

 

Distribution of a gross dividend of 0.50 Euros per share approved Board of Directors and Board of Statutory Auditors appointed.

 

In the first three months of 2011, the growth of consolidated sales is confirmed and it is in line with the objectives.

 
Rimini, 28 April 2011
 

The Shareholders’ Meeting of MARR S.p.A. (Milan: MARR.MI), the leading company in Italy in the distribution of food products to the foodservice, today approved the financial statements for the business year as at 31 December 2010.

 

Main consolidated results for the 2010 business year

 

In 2010, total consolidated revenues reached 1,193.0 million Euros, an increase of more than 54
million (+4.8%) compared to 1,138.4 million Euros in 2009. Operating profits increased, with EBITDA of 83.0 million Euros (+12.4% compared to 73.8 million Euros in 2009), reaching an incidence of 6.9% on the total revenues, and EBIT of 71.1 million Euros (+12.5% compared to 63.2 million Euros in 2009).