MARR: The Board of Directors approves the results of the first half of 2011.

After the first six months, the net result reaches 22.2 million Euros, an increase of 10.3% (+2.1 million).

Increase in revenues and operating profitability is also confirmed:

Total consolidated revenues of 600.7 million Euros (+6.3%);
EBITDA of 42.4 million (+11.3%) and EBIT of 36.5 million (+12.4%).

Rimini, 2 August 2011 – The Board of Directors 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 half-year financial report as at 30 June 2011.

Main consolidated results of the first half of 2011

The total consolidated revenues for the first six months of 2011 amounted to 600.7 million Euros, an increase of 6.3% compared to 565.3 million Euros for the same period in 2010.

The operating profitability further improved, with EBITDA of 42.4 million Euros (+11.3% compared to 38.1 million in 2010) and EBIT of 36.5 million Euros (+12.4% compared to 32.5 million in 2010).

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