MARR (MARR) Q3 2026 earnings summary

Executive summary

• 9M revenue rose to €1,687.1m from €1,644.7m, while EBITDA, EBIT and net income declined amid higher transport, logistics, fuel and electricity costs.

• October sales and gross margin tracked 9M trends and full-year objectives; priorities included profitability, logistics reorganization and working-capital control.

Financial highlights

• Q3 revenue was €667.6m vs €649.9m; EBITDA €39.6m vs €42.6m; EBIT €26.5m vs €29.9m; net income €13.8m vs €17.4m.

• 9M revenue was €1,687.1m vs €1,644.7m; EBITDA €78.6m vs €90.2m; EBIT €43.3m vs €57.1m; net income €17.7m vs €30.0m.

• 9M gross-margin improvement partly offset higher transport, storage and other logistics costs.

Outlook and guidance

• October sales and gross margin were in line with 9M trends and full-year objectives.

• Priorities included strengthening market presence, improving profitability through logistics reorganization and inflation mitigation, and controlling working capital.

• Center-North construction is expected to start in 2027, with initial spending from H2 2027 under a revised lease-based plan.