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10 November 2016 at 13:08
All economic and financial indicators have improved:
Today, the Board of Directors of Reply S.p.A. [MTA, STAR: REY] approved the results as of 30 September 2016.
The Group’s consolidated turnover for the first nine months of the year has reached 571.3 million Euros with an increase of 10.6% compared to the 516.5 million Euros reported at 30 September 2015.
Consolidated EBITDA to September was €75.2 million Euros (€70.3 million at September 2015) with an EBIT of 68.8 million Euros (63.4 million Euros at September 2015).
Pre-tax profit amounted to 68.9 million Euros, representing an increase of 9.2% compared to the same period of 2015.
With reference to the third quarter of 2016 (July to September), the Group recorded a consolidated turnover of 184.8 million Euros (171.1 million Euros in Q3 2015), EBITDA of 23.9 million Euros (23 million in Q3 2015), EBIT of 20.8 million Euros (20.6 million Euros in Q3 2015) and pre-tax profit of 21.7 million Euros (+12.5% compared to Q3 2015).
At 30 September 2016, the Group’s net financial position was positive by 42.2 million Euros, representing a significant increase with respect to the 23.3 million Euros at 30 June 2016.
At the end of the Board of Directors meeting, Mario Rizzante, the Chairman of Reply, said: “In the first nine months of 2016, Reply achieved very positive results in terms of turnover and market presence. Since the beginning of the year, we have worked to further enhance out offering, bringing it even more in line with the requirements of constantly changing competitive conditions.”
Mario Rizzante also said: “The world is going through a radical transformation due to new explosive technologies such as the Internet of Things, virtual reality and the Cloud. Today, it no longer makes any sense to consider technology as a separate industry; on the contrary, people must deal with digital transformation as a singular event, based on interactions and instantaneous and ongoing exchanges between machines and people. This new ecosystem requires the management of increasingly large quantities of data, as well as the ability to very quickly reconfigure and adapt business processes; algorithms and artificial intelligence increasingly play a decisive role in this. Reply is well positioned to play a major role in this new scenario and we are committed to becoming a leading trusted point of reference for consultancy and technology in Europe.”
Pursuant to Paragraph 2, Article 154-bis of the Consolidated Finance Act, Director Dr Giuseppe Veneziano declares that the accounting information contained in this press release corresponds to the accounting figures, books and documents.
This press release is a translation, the Italian version will prevail.