Slide 1: 1Q 2026 Results
1Q 2026 Results Conference Call – May 15, 2026
Slide 2: Important information
Important information 1Q 2026 Results This presentation is being shown to you solely for your information and may not be reproduced, distributed to any other person or published, in whole or in part, for any purpose. The information in this presentation could include forward-looking statements which
Slide 3: Financial highlights
Financial highlights 1Q 2026 Results €m Total Revenues EBITDA EBIT Net Result 1Q 25 1Q 26 1Q 25 1Q 26 1Q 25 1Q 26 1Q 25 1Q 26 426.0 409.2 9.9 0.9 7.3 -2.5 -2.7 -6.6 Main financial highlights of 1Q 2026, with 1Q historically seasonally low, were as follows: - Total Consolidated Revenues amounted to 4
Slide 4: Total Sales
Total Sales 1Q 2026 Results €m Total sales by segment 421.2 403.4 245.4 265.7 In relation to Total Revenues of 426.0€m, revenues from Street Market Sales of 1Q 2026 amounted to 421.2 increasing by 17.7€m National Account compared to 403.4€m of 1Q 2025 118.3 111.6 Wholesale 39.7 43.8 1Q 2025 1Q 2026
Slide 5: Income statement
Income statement 1Q 2026 Results €m 1Q 2025 % 1Q 2026 % In 1Q, historically with a low seasonality, the main changes Total revenues 409.2 100.0% 426.0 100.0% between 2026 and 2025 were: Cost of goods sold (327.3) -80.0% (338.9) -79.6% − confirmed improvement of the Gross Margin Services * (58.4) -14
Slide 6: Trade NWC as at 31 March 2026
Trade NWC as at 31 March 2026 1Q 2026 Results Trade NWC Cash conversion cycle - days €m 31.03.24 31.03.25 31.03.26 95 94 96 Accounts Receivable 349.5 321.9 342.0 Days 75 71 72 75 76 71 Inventory 236.2 245.6 284.4 72 64 68 Days 64 68 76 Accounts Payable (351.6) (343.0) (361.7) 52 44 44 Days 95 94 96
Slide 7: Net Debt as at 31 March 2026
Net Debt as at 31 March 2026 1Q 2026 Results €m Net Debt and IFRS 16 effect Gross Debt (net of IFRS 16) 384.2 Non-current debt 342.8 309.0 292.6 93.8 89.3 60.0 88.8 290.4 20.0 219.8 203.8 150.4 151.2 91.6 20.0 31 Mar 25 31 Dec 25 31 Mar 26 1Y 2Y 2Y-5Y > 5Y Floating Fixed Net Debt IFRS 16 effect - Ne
Slide 8: Current trading
Current trading 1Q 2026 Results - The performance in April brings Sales and the Gross Margin at the end of the first four months in line with the year’s growth targets - The focus of MARR’s management and the entire organisation on strengthening its market presence and improving profitability is con
Slide 9: Investor Relations contacts
Investor Relations contacts 1Q 2026 Results Antonio Tiso atiso@marr.it tel. +39 0541 746803 mob. +39 331 6873686 Léon Van Lancker lvanlancker@marr.it mob. +39 335 1872014 For further details visit IR’s sections at MARR website MARR S.p.A. Headquarters – Via Pasquale Tosi, 1300 – 47822 Santarcangelo