Marr : The Board of Directors approves the consolidated financial statements as at 31 December 2016
March 14, 2017 at 09:40 am EDT
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The Board of Directors of MARR approves the consolidated financial statements as at 31 December 2016, increased revenues and profitability:
Total consolidated revenues of 1,544.4 million Euros (1,481.0 in 2015)
Consolidated EBITDA of 111.0 million Euros (105.7 in 2015)
Consolidated EBIT of 92.7 million Euros (89.1 in 2015)
Consolidated profits of 58.5 million Euros (58.1 in 2015) which net of the extraordinary components and related tax effects would have amounted to 59.2 million Euros (56.4 in 2015)
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Gross dividend of 0.70 Euros proposed (0.66 Euros in the previous year)
Rimini, 14 March 2017 - 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 sector, today approved the consolidated financial statements and the draft of the MARR S.p.A. financial statements for the 2016 business year, that will be submitted to the Shareholders' Meeting on 28 April.
Main consolidated results for the 2016 business year
The 2016 business year closed with total consolidated revenues of 1,544.4 million Euros, compared to 1,481.0 million in 2015.
The operating profits also increased, with EBITDA of 111.0 million Euros (105.7 in 2015) and EBIT of 92.7 million (89.1 in 2015).
Marr S.p.A. published this content on 14 March 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 March 2017 13:39:14 UTC.
Original documenthttp://www.marr.it/en/board-directors-approves-consolidated-financial-statements-31-december-2016
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Marr SpA is an Italy-based company specialized in the distribution of food products to the non-domestic catering sector. Marr SpA serves mainly restaurants, hotels, pizza restaurants, resorts and canteens, with an offer that includes various food products, including fish, meat, various foodstuffs and fruit and vegetables and at the different conservations (frozen, fresh and dry). The Company operates nationwide through a logistical-distribution network composed of around 35 distribution centers, with around 5 stocking platforms and approximately 5 cash & carry, around 5 agents with warehouses and over 700 trucks. The operational structure is organized with the objective of delivering the products requested every day and within a day of reception of the order.