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News

Financial News

The Board of Directors approved the Financial Statements for the year 2011

FOCUS ON: Financial News, News,

15 March 2012

All economic and financial indicators have seen a growth.

  • Consolidated turnover of 440.3 million Euros (+14.6%);
  • EBITDA of 55.0 million Euros (+11.7%);
  • EBIT of 48.9 million Euros (+17.1%);
  • Net earnings of 24,2 million Euros (+18.6%).

The proposal to distribute a dividend of 0.50 Euros per share is approved.

The Board of Directors of Reply S.p.A. – a company listed on the STAR segment of the Milan stock exchange [MTA, STAR: REY] – approved today the financial statements for 2011 that will require the final approval of the Shareholders Meeting scheduled, on first call, for 27 April 2012 in Turin.

The Reply Group closed the 2011 financial year with consolidated sales revenues of 440.3 million Euros, an increase of 14.6% over the 384.2 million Euros reported in 2010.

EBITDA achieved was 55.0 million Euros (49.2 million Euros in 2010) while EBIT achieved was 48.9 million Euros (41.6 million Euros in 2010). Net income reached 24.2 million Euros (20.4 million Euros in 2010).

Following the results achieved in 2011, the Board of Directors of Reply has decided to propose the distribution of a dividend of 0.50 Euros per share to the next Annual General Meeting of Shareholders, which will be paid on 31 May 2012, with ex-dividend date set at 28 May 2012.

The Group’s net financial position on 31 December 2011, was negative at 16.7 million Euros (on 30 September 2011 this value was positive at 0,1 million Euros).

“The year 2011 – declared Mario Rizzante, Chairman of Reply, at the end of the Board of Directors - has been a very successful year for our Group".

Mario Rizzante continued: “Reply is now an international group, which is present not only in key European countries, but also in Brazil and North America. Thanks to the investments we have made in recent years we have a distinctive positioning in the key technologies driving the future development of companies. These technologies include: Cloud Computing, Social Media, Mobile, Big Data and the Internet of Things. Furthermore, our ability to provide our clients with the highest level of skills with regards to the basic components of innovation and the main application domains of CRM, SCM, Risk Management and Digital Payments, has led to an increase in Reply’s involvement with the development of solutions for the leading business areas”.

The manager responsible for drawing up the company’s accounts, Mr Giuseppe Veneziano, declares that, pursuant to Paragraph 2 of Article 154 bis of the Consolidated Finance Law, the accounting information contained in this release matches the information included in the accounting books and records.

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