In the third quarter of 2024, MARR SpA, active in food distribution for the foodservice sector in Italy, recorded consolidated revenues of 622,7 million euros, slightly down compared to 623,2 million in the third quarter of 2023. This result reflects a reduction in the value of euro/kg of products sold, in particular in the fish sector, and a slight increase in volumes, despite a decreasing demand in the “hotels, meals and out-of-home consumption” sector (-0,8% in quantity). Consolidated revenues for the first nine months of 2024 amount to 1.610,5 million euros, slightly down compared to 1.626,5 million in 2023, affected by the trend in unit prices and the policies adopted to contain food inflation, in particular for Collective Catering.
Consolidated EBITDA for the first nine months of 2024 stands at 98,1 million euros, compared to 99,7 million in 2023, while EBIT reaches 66,9 million compared to 70,6 million in the previous year. Consolidated net profit is 36,0 million euros, influenced by higher financial charges resulting from the increase in the cost of money. In October, MARR Group sales showed an increase compared to the third quarter, with an improvement in the euro/kg value and growth in all segments.
In this market context, MARR is implementing a strategy aimed at strengthening its presence with customers and improving profitability. The commercial proposal focuses on customer satisfaction and loyalty through a consultative approach of the sales force and a range of products segmented by type of customer, time of consumption and positioning range. The initiatives include dedicated proposals for the Hospitality and quick service and street food restaurants sectors.
