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  • MARR: The Board of Directors approves the interim report as at 31 March 2013.
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    1. MARR: The Board of Directors approves the interim report as at 31 March 2013.
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MARR: The Board of Directors approves the interim report as at 31 March 2013.

 

The MARR Group closed the first quarter of 2013 with increased revenues and profitability:

  • Total consolidated revenues of 266.2 million Euros (+ 4.4%);Consolidated EBITDA of 12.0 million Euros (+ 4.2%);Consolidated EBIT of 9.3 million Euros (+ 3.5%);Net result of 4.8 million Euros (+ 2.4%).
 
Rimini, 10 May 2013
 

The Board of Directors of MARR S.p.A. (Milan: MARR.MI), the leading company in Italy in the sale and distribution of food products to the foodservice, today approved the interim report as at 31 March 2013.

 

Main consolidated results for the 1st quarter of 2013

 

The total consolidated revenues for the period amounted to 266.2 million Euros, with an increase of 4.4% compared to 255.1 million Euros in 2012.

The operating profitability also increased, with an EBITDA of 12.0 million Euros (+4.2% compared to 11.5 million Euros for the same period in 2012) and EBIT of 9.3 million Euros (+3.5% compared to 9.0 million Euros in 2012).

The net result reached 4.8 million Euros, an increase of 2.4% compared to 4.7 million Euros in the 1st quarter of 2012.

The net financial indebtedness at the end of the quarter amounted to 184.9 million Euros – compared to 172.5 million as at 31 March 2012 – and was also affected by the increase in the inventories for the management of the “Lelli” (approximately 1.7 million Euros) and “Scapa” (approximately 6.8 million Euros) going concerns, which became part of the Group after the 1st quarter of 2012.

The consolidated net equity as at 31 March 2013 amounted to 234.2 million Euros (228.7 million Euros as at 31 March 2012).

 
 
Publication date
Friday, 10 May, 2013