Reply S.p.A: The Board of Directors Approves the Half-year Financial Report as of 30 June 2020
July 31 2020 - 7:56AM
Business Wire
All economic indicators have improved:
- Consolidated turnover of €615.2 million (€573.7 in H1
2019);
- EBITDA of €90.2 million (€85.7 in H1 2019);
- EBIT of €74.1 million (€67.6 in H1 2019);
- Pre-tax profit of €75.1 million (€70.2 in H1 2019).
Today, the Board of Directors of Reply S.p.A. [MTA, STAR: REY]
approved the results as at 30 June 2020.
Since the start of the year, the Group has recorded a
consolidated turnover of €615.2 million, which is an increase of
7.2% compared to the same period in 2019.
All indicators are positive for the period. In the first half of
2020, consolidated EBITDA of €90.2 million compared to the €85.7
million recorded in 2019 and corresponds to 14.7% of turnover.
EBIT, from January to June, was €74.1 million (€67.6 million in
2019), corresponding to 12.1% of turnover.
Pre-tax profit, from January to June 2020, was €75.1 million
(€70.2 million in 2019), corresponding to 12.2% of turnover.
As regards the second quarter 2020, the Group's performance was
also positive, with consolidated turnover for the period of €298.2
million, up by 2.8% compared to 2019.
EBITDA, from April to June 2020, amounted to €42.6 million, with
EBIT of €36.1 million and pre-tax profit of €41.2 million.
As at 30 June 2020, the Group's net financial position was
positive for €122.6 million, while at 31 March 2020 was positive
for €159.3 million. The financial position at 30 June 2019 was
positive for €18.3 million.
"The year 2020 - said Mario Rizzante, Chairman of Reply - will
mark history. During February and March, as the Covid19 pandemic
spread in the northern hemisphere, the world came to a standstill.
Reply had the ability to react in an effective way to this period
of unimaginable discontinuity. In less than two days, all of
Reply's 8000+ people were able to work remotely. As a result, we
were able to continue to honour the commitments we made with our
customers, often working on fundamental systems which ensured not
only the continuity of their business, but also the survival of
entire countries and industries. I am referring, for example, to
our involvement in banking and insurance services, to the
contribution we have made to telephone operators, to the support we
have given to health care services and the logistics chain".
"In these months, despite the difficulties linked to the various
lock-downs, - Mario Rizzante added - Reply has continued on its
growth path, with positive results in all the geographies where it
is operating. This has been possible thanks to our exclusive focus
on new technologies and the resilience of our network model which
has allowed us to promptly compensate the slowdown in activities
linked to sectors particularly affected by the pandemic such as,
for example, transport, manufacturing and tourism".
"The current scenario - concluded Mario Rizzante - is constantly
changing and it remains very difficult to make predictions about
the future in the short and medium term. The recent months have, in
any case, definitively changed the perception of technology by all
companies. Today even the most traditional and conservative
businesses have understood that the digitalization of processes,
the cloud and artificial intelligence are essential tools to
restart and be competitive in an increasingly connected and digital
world".
The manager responsible for preparing the company's financial
reports, Dr Giuseppe Veneziano, states in accordance with Paragraph
2 of Article 154-bis of the Consolidated Finance Act, that the
accounting information contained in this press release corresponds
to the company's records, ledgers and accounting entries.
Reply Reply [MTA, STAR: REY, ISIN: IT0005282865]
specialises in the design and implementation of solutions based on
new communication channels and digital media. Reply is a network of
highly specialised companies supporting key European industrial
groups operating in the telecom and media, industry and services,
banking, insurance and public administration sectors in the
definition and development of business models enabled for the new
paradigms of big data, cloud computing, digital media and the
Internet of Things. Reply services include: Consulting, System
Integration and Digital Services. www.reply.com
This press release is a translation, the
Italian version will prevail.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200731005256/en/
Media Reply Fabio Zappelli f.zappelli@reply.com
Tel. +390117711594
Investor Relation Reply Riccardo Lodigiani
r.lodigiani@reply.com Tel. +390117711594
Michael Lueckenkoetter m.lueckenkoetter@reply.com Tel.
+49524150091017
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