Net consolidated profit of 49.6 million Euros compared to 45.7 in 2010

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 consolidated financial statements and the draft of the MARR S.p.A. financial statements for the year ended December 31, 2011, that will be submitted to the Shareholders’ Meeting on 28 April.

The 2011 business year closed with total consolidated revenues of 1,249.2 million Euros, an increase of more than 56 million (+4.7%) compared to 1,193.0 million Euros in 2010.
The 2011 operating profits also highlighted an increase in double digit, with consolidated EBITDA reaching 91.8 million Euros (+10.5%) compared to 83.0 million Euros in 2010, and EBIT, amounting to 79.3 million Euros, which registered an increase of 11.5% compared to 71.1 million Euros in 2010. It should also be noted that the EBITDA margin increased to 7.3% (6.9% in 2010), also thanks to the sale of products with greater added value, which reduced the incidence of the main operating costs.