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    1. MARR: The Board of Directors approves the results of the first half of 2013.
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MARR: The Board of Directors approves the results of the first half of 2013.

 

Total revenues for the half-year of 632.0 million Euros, with sales to Street Market and National Account clients of 520.7 million (+10.2%)

 

Net result above 20 million Euros confirmed

 
Rimini, 2 August 2013
 

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 2013.

Main consolidated results of the first half of 2013

 

Total revenues for the first half-year amounted to 632.0 million Euros, an increase of 5.1% compared to 601.4 million Euros in 2012.

EBITDA and EBIT for the half-year – net of non-recurring costs amounting to 1.1 million Euros for the start-up of the ex Scapa warehouses – reached 41.5 million Euros (41.2 in 2012) and 35.5 million (35.2 in 2012) respectively.

The net result for the first six months amounted to 20.3 million, compared to 21.1 million for the same period in 2012.

The trade working capital as at 30 June 2013 amounted to 221.8 million Euros compared to 223.7 million after the first six months of 2012, while the net financial debt reached 186.4 million Euros compared to 184.9 million as at 31 March last and 171.8 million as at 30 June 2012.

The consolidated net equity amounted to 210.9 million Euros as at 30 June 2013, compared to 209.0 million as at 30 June 2012.

 
 
Publication date
Friday, 2 August, 2013