MARR: distribution of a gross dividend of 0.10 Euros (ex coupon on 2 July) for the 40th anniversary of activity.
Rimini, 26 June 2012 – On the occasion of the 40th anniversary of business activity, MARR S.p.A. (Milan: MARR.MI), will pay on 5 July “ex coupon” (no.8) on 2 July – a gross dividend of 0.10 Euro per share, as already approved by the Shareholders’ Meeting on last 28 April.
On last 31 May a gross dividend of 0.54 Euro (0.50 Euro the previous year) was paid with “ex coupon” (no. 7) on 28 May.
The 0.10 Euro will be paid as one-off for the 40th year anniversary; in fact it is in 1972 that MARR was founded in Rimini by a group of food wholesalers. The original entity was incorporated as “M.A.R.R. – Magazzini Alimentari Riuniti Riminesi”, a company created with an innovative idea: to offer a complete service of supply and distribution to hotels and restaurants of the “Riviera rormagnola”.
In the following years MARR continued to grow steadily in terms of clients served, turnover, territories and distribution centers to become the leading company in Italy in the distribution of food products to the foodservice.
Today MARR operates with an organisation comprising more than 650 sales agents, serves over 38,000 clients (mainly restaurants, hotels, pizza restaurants, holiday villages and canteens), with an offer that includes 10,000 food products, including seafood, meat, various food products, fruit and vegetables and equipments sourced from over 2,200 suppliers worldwide.
The MARR Group operates nationwide through a logistical-distribution network composed of 30 distribution centres, 4 cash & carry, 5 agents with warehouses and more than 700 vehicles.
In 2011, MARR achieved total consolidated revenues amounting to 1,249.2 million Euros (1,193,0 in 2010), consolidated EBITDA of 91.8 million Euros (83.0 in 2010) and a Group net profit – after minorities - of 49.0 million Euros (45.1 in 2010).
Last 11 May the Board of Directors of MARR approved the interim report as at March 31, 2012, achieving, despite the weak market conditions, positive results with total consolidated revenues of 255.1 million Euros (+2.3% on 2011 first quarter); EBITDA of 11.6 million Euros (+2.9%); EBIT of 9.0 million Euros (+3.8%) and Net result of 4.7 million Euros (+2.1%).
On next 3 August the half year financial report ending 30 June 2012 will be submitted to the Board of Directors for the approval.
Press contact Investor relations
Luca Macario Antonio Tiso
mob. +39 335 7478179 tel. +39 0541 746803
For more information about MARR visit the company’s web site at www.marr.itDownload