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 half-year financial report as at 30 June 2014.

The total revenues in the first six months amounted to 682.3 million Euros, an increase of 50.3 million (+8.0%) compared to 632.0 million Euros in 2013.

The operating profitability also increased, with EBITDA of 45.9 million Euros (+10.7% compared to 41.5 million in 2013) and EBIT of 38.8 million Euros (+9.3% compared to 35.5 million in 2013).

The net consolidated result for the first six months was 22.4 million, +10.6% compared to 20.3 million for the same period in 2013.

The net trade working capital as at 30 June 2014 amounted to 233.3 million Euros, compared to 249.4 million as at 31 March 2014 and 221.8 million as at 30 June 2013.
The net financial debt reached 200.2 million Euros, compared to 206.7 million as at 31 March last and 186.4 million as at 30 June 2013.

The net consolidated equity as at 30 June 2013 amounted to 226.2 million Euros, compared to 210.9 million as at 30 June 2013.