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The Board of Directors approves the quarterly report dated 31 March 2016

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12 May 2016 at 12:48​

All economic and financial indicators are positive:

  • Consolidated turnover of 186.3 million Euros;
  • EBITDA of 24.9 million Euros;
  • EBIT of 22.5 million Euros;
  • Profit before tax amounts to 22.5 million Euros.

Today, the Board of Directors of Reply S.p.A. [MTA, STAR: REY] approved the results as at 31 March 2016.

Since the beginning of the year, the Group has recorded a consolidated turnover amounting to 186.3 million Euros, an increase of 10.1% compared to the corresponding data for 2015.

All indicators are positive for the period. In the first quarter of 2016, the consolidated EBITDA was 24.9 million Euros (21.3 million Euro in 2015), equal to 13.4% of the turnover, with an EBIT of 22.5 million Euros (19.4 million Euros in 2015), equal to 12,1% of the turnover.

Lastly, the profit before tax from January to March 2016 was 22.5 million Euros (20.5 million Euros in 2015), equal to 12,1% of the turnover.

The net financial position of the Group on 31 March 2016 is also positive by 72.0 million Euros, a sharp increase compared to the 28.2 million Euros recorded on 31 December 2015.

Mario Rizzante, Chairman of Reply said at the end of the Board of Directors' meeting: "Reply is recognised on the market for its distinctive and comprehensive know how on the entire area of digital transformation. This outcome has been obtained thanks to continuous investments in research and development and a constant process of engineering and evolution of our offerings".

Mario Rizzante continued: "Our objective is to increasingly become a point of reference for companies which consider technology as the strategic leverage to compete on the market. For this purpose, we are investing in Immersive Reality, Industry 4.0 and Machine Learning, which are crucial themes in the definition of service and products in the near future".

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.