Marr doubles up in Sicily
The new Catania office aims at a turnover of 60 million
The shareholders' meeting approved the 2020 results, with revenues of 1.07 billion euros.
The activities of the new distribution center of Marr Catania are underway, a structure of over 6 thousand square meters with an assortment of more than 4 thousand products, including an important selection of local products (DOP, IGP and PAT). The relationship with the customers of the Italian leader in out-of-home food distribution is guaranteed by about 30 sales technicians and an adequate structure of delivery vehicles. When fully operational, approximately 90 direct and indirect collaborators are expected, including sellers, transporters and handling workers The expected goal for the new Catania branch is that in the next few years it will exceed 60 million euros in sales, almost doubling the current levels of turnover in the areas served by the new branch.
Marr has been active in Sicily since the 1990s, an area with a strong tourist and cultural vocation with important development prospects, operating since 1999 with the distribution center of Marr Palermo in Cinisi. With the opening of the new facility in Catania, the Cremonini group company doubles its presence in Sicily and increases the level of service to all catering operators in the region, in western Sicily with the Marr Palermo branch and in Eastern Sicily with Marr Catania.
Meanwhile, the company's Shareholders' Meeting approved the 2020 financial statements today. The year, characterized by the Covid-19 pandemic and the restrictive measures that heavily penalized the foodservice activities, closed with total consolidated revenues of 1,073.7 million of Euro (1,695.8 million in 2019), with a decrease in the second half of 30.6% (compared to the same period in 2019), recovering from the -43.6% recorded at the end of the first six months of 2020. EBITDA amounted to 39.4 million euros (128.5 million in 2019), while EBIT was 2.8 million euros (99.1 million in 2019), also affected by a prudent policy of provision to the bad debt provision which brought the 2020 provisions to 19.3 million euros, with an incidence of 1.8% on total revenues, compared to 13.3 million in 2019 (0.8% on total revenues ). The net result for the year was -2.4 million euros (66.6 million in 2019).
EFA News - European Food Agency