MAAP: very satisfying financial results in 2013

Italy

Thursday 08 May 2014

MAAP (Mercato Agroalimentare Padova) has made known its results 2013 that showed growth and position the market as N1 for Italian export.

The General Meeting of Shareholders of MAAP (Mercato Agroalimentare Padova), the wholesale food market of Padua, has unanimously approved the accounts for year ended 31.12.2013..

The assets represent a net value of 8,988,422 euros (+1.50% compared to 2012), the turnover reached 5,744,860 euros (+2.5% compared to 2012), with a earnings before taxes 432 519 euros and a net profit of 141 179 euros.

Exports represent now approximately 55% of total turnover, which places the MAAP in the position of first Italian export market.

Shareholders and guests of the meeting expressed praise for these results. MAAP is distinguished by a good management fees charged, judged heavy by operators on site (38 euro/m2/an) but allow considerable investments to improve trade capacity.