The Shareholders’ Meeting of MARR S.p.A. (Milan: MARR.MI), the leading company in Italy in the sale and distribution of food products to the foodservice sector, today approved the 2018 financial statements.
The 2018 business year closed with total consolidated revenues amounting to 1,667.4 million Euros, compared to 1,624.6 million in 2017.
The operating profits also increased, with EBITDA of 119.3 million Euros (116.0 in 2017) and EBIT of 99.2 million (97.0 in 2017).
The Parent Company MARR S.p.A. closed the 2018 business year with 1,586.8 million Euros in total revenues (1,543.1 million in 2017) and net profits of 64.6 million Euros (63.2 million in 2017).
The Shareholders’ meeting approved the distribution of a gross dividend of 0.78 Euros (0.74 Euros the previous year) with “ex-coupon” (no. 15) on 27 May, record date on 28 May and payment on 29 May. The profits not distributed will be allocated to the Reserves.