MARR (MARR) Investor presentation summary

Market position and business overview

• Leading foodservice supplier in Italy with over 55,000 clients and 25,000+ products, including 1,100+ private labels.

• Nationwide coverage through 40+ distribution units, 4 central platforms, and partnerships for fresh produce.

• Market share in the wholesalers' segment reached 17% in value and 25% by number of clients.

• Italian foodservice market valued at €103bn in 2025, with 34% of total food consumption out-of-home.

• Commercial catering dominates the sector, with independent operators representing about 90% of the market.

Financial performance FY 2025

• Total consolidated revenues reached €2,127.4m, up from €2,098.0m in 2024.

• EBITDA was €108.8m (down from €120.2m in 2024), EBIT €63.3m (down from €80.7m), and net income €31.0m (down from €42.7m).

• Net debt before IFRS 16 rose to €203.8m, reflecting investments, dividends, and share buybacks.

• Dividend proposal of €0.47 per share, with a payout ratio of 95.9%.

Operational developments and strategy

• Ongoing logistics network redesign, including opening of Castelnuovo di Porto platform and insourcing of handling activities.

• Acquisition of Bergel in Lombardy strengthens regional presence.

• Focus on segmented commercial value proposition and operational efficiency to drive growth.

• Quality and sustainability prioritized, with multiple certifications including ISO 9001, ISO 22000, MSC, and ASC.