Consolidated total revenues for the first half of 2026 stood at €1,019.5 million, up from €994.8 million in the first six months of 2025.
Operating profitability was affected by higher transportation costs and other logistics-related costs, which were only partially offset by an improvement in the gross margin. At the end of the first six months of 2026, EBITDA stood at €39.1 million and EBIT at €16.8 million; these figures were €47.6 million and €27.2 million respectively in the first half of 2025.
Net profit for the first half of 2026 was €3.9 million (€12.6 million in the same period of 2025).
****
Sales for the month of July increased across all client segments, bringing the trend of sales and gross margin at the end of the first seven months in line with the year’s growth targets.
The Board of Directors of MARR S.p.A. (Milan: MARR.MI), the leading company in Italy in the sale and distribution to the foodservice of food and non-food products, today approved the half-year financial report as at 30 June 2026
Main consolidated results for the first half of 2026
Total consolidated revenues for the first half of 2026 stood at €1,019.5 million (€994.8 million in the same period of 2025), whilst revenues for the second quarter of 2026 amounted to €593.5 million (€585.6 million in the second quarter of 2025).
This growth in revenues was accompanied by an improvement in the gross margin, which only partially offset the increases in transportation and product storage costs, attributable respectively to the rise in fuel and energy costs caused by international geopolitical tensions. Other logistics-related costs are also affected by the gradual implementation of the operational and logistics reorganisation measures introduced from the second quarter of 2025; consequently, in the second half of 2026, the year-on-year comparison will become increasingly homogeneous.
At the end of the first six months of 2026, EBITDA stood at €39.1 million and EBIT at €16.8 million; these figures had been €47.6 million and €27.2 million respectively in the first half of 2025.
In the second quarter of 2026, EBITDA and EBIT stood at €31.7 million and €19.3 million respectively (€37.7 million and €26.3 million in the second quarter of 2025).
At the end of the first six months of 2026, net profit stood at €3.9 million (€12.6 million in the corresponding period of 2025) and at €10.5 million in the second quarter of 2026 (€15.3 million in the second quarter of 2025).
Trade net working capital as at 30 June 2026 stood at €250.8 million, compared with €264.7 million as at 31 March 2026 and €193.8 million as at 30 June 2025.
Net financial debt as at 30 June 2026, before the application of IFRS 16, stood at €268.9 million, compared with €206.8 million as at 30 June 2025, this figure was affected by investments of €23.5 million made over the course of twelve months, the purchase of own shares for €10.9 million and €29.5 million in dividends distributed in May 2026.
Including the effect of IFRS 16, net financial debt as at 30 June 2026 stood at €360.9 million (€296.0 million as at 30 June 2025).
Consolidated equity as at 30 June 2026 amounted to €297.4 million (€315.3 million as at 30 June 2025).
Download attachment