MARL - Supply Market in the Lisbon Region reduced liabilities in the first months of this year and reinforced the occupation of spaces in the middle of a pandemic.
“MARL, SA ended the second quarter of 2020 with a net profit of 2,207 million euros, corresponding to a net margin on operating income of 32%, above the same period of the previous year (+ 2 pp) (… ), presenting a return on equity (annualized) of 6,4% ”, highlights a company statement.
This company in the universe of Parpública, which also has shareholders in Lisbon and Loures, as well as Santa Casa da Misericórdia, also had positive operating margins of 73% and 44%, respectively in terms of EBITDA and EBIT.
"EBITDA amounted to 5,114,5 million euros, standing above 2019 thousand euros (+ 125%) above the second quarter of 2,5 (...)", the statement said.
According to those responsible for MARL, “there is also an increase in the company's 'core' income and user fees, by 107,5 thousand euros (+ 2,1%), compared to the same period of the previous year. EBIT amounted to 3,044 million euros, above the second quarter of 2019, at 155,8 euros (+ 5,4%) (…) ”.
MARL's operating income fell short of 2019 thousand euros in the second quarter of 95 (- 1,3%).
In turn, financial charges decreased by 2019 thousand euros (-40%) compared to the second quarter of 26, “reflecting the reduction in bank liabilities in the middle of a pandemic period due to Covid-19 and the achievement of pricing conditions more favorable ”.
Profit before tax (EBT) amounted to 2,930 million euros, above the same period of the previous year, at 195,8 euros (+ 7,2%).
“The net financial debt was reduced by 3,173 million euros (-9,9%), standing at 28,949 million euros, compared to the amount recorded on December 31, 2019 (…)”, adds the said statement, adding that “ the 'cash flows' generated made it possible to meet all operating, investment and financial expense commitments ”.
MARL's shareholder funds increased by 3%, now amounting to 70,550 million euros.
“It is recalled that in the last four years, the turnover of MARL, SA increased by 5,6%, the recurring net result increased by 20,7%, the recurring EBITDA increased by 12,3% and the net financial debt decreased by 43,6, XNUMX% ”, highlight the heads of this public company.
It is recalled that MARL, SA ended the year 2019 with a net profit of 4,279 million euros, representing an increase of 99,6 thousand euros (+ 2,4%) compared to the previous year, corresponding to a net margin on operating income of 30% and a return on equity of 6,4%.