Reply SpA
Reply SpA: The Board of Directors approves the quarterly report dated 31 March 2017
DGAP-News: Reply SpA / Key word(s): Quarter Results All economic and financial indicators are positive:
– Consolidated turnover of EUR208.4 million (+11.8%); – EBITDA of EUR28.1million (+12.5%); – EBIT of EUR25.2 million (+11.9%); – Profit before tax amounts to EUR25.3 million (+12.7%).
Today, the Board of Directors of Reply S.p.A. [MTA, STAR: REY] approved the results as at 31 March 2017. Since the beginning of the year, the Group has recorded a consolidated turnover amounting to EUR208.4 million, an increase of 11.8% compared to the corresponding data for 2016. All indicators are positive for the period. In the first quarter of 2017 the consolidated EBITDA was EUR28.1 million (EUR24.9 million in 2016), equal to 13.5% of the turnover, with an EBIT of EUR25.2 million (EUR22.5 million in 2016), equal to 12.1% of the turnover. Lastly, the profit before tax, from January to March 2017, was EUR25.3 million (EUR22.5 million in 2016), equal to 12.2% of the turnover. The net financial position of the Group on 31 March 2017 is also positive by EUR80.6 million, a sharp increase compared to the EUR28.8 million recorded on 31 December 2016 and to the EUR72 million on 31 March 2016. “The investments we have made to align Reply’s consultancy and technology with the major transformation that cloud computing, data and the internet of things have brought about – says Mario Rizzante, Chairman of Reply – reflect in our strong 2016 results, in the first quarter of 2017 and in the performance of our stock. Interestingly, existing and potential shareholders have repeatedly emphasized their interest in a larger liquidity in the stock. To address this request, the Management team and main shareholders of the Company will focus on increasing the liquidity of the Reply stock in the medium-term”. “The mission of our Group – concludes Mario Rizzante – has always been to support our customers through the introduction of technological innovations to gain competitive advantage. To do so we continually need to evolve, research and expand our expertise. This is why we’ve been working for some time on new frontiers in artificial intelligence, machine learning, virtual and augmented reality, applying them not only to established industries, such as financial services, retail, telco & media and utilities but also to emerging ones like Industry 4.0”.
Media Contacts Reply IR Contacts Reply May 15, 2017 This press release is a translation, the Italian version will prevail.
15.05.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |