REPLY: The Board of Directors Approves the Quarterly Financial Report as of 30 September 2020
Today, the Board of Directors of Reply [MTA, STAR: REY] approved the results as at 30 September 2020.
The Group's consolidated turnover in the first nine months of the year reached €908.3 million, an increase of 4.9% compared to €866.2 million recorded on 30 September 2019.
All indicators are positive for the period. Consolidated EBITDA was €141.1 million, an increase of 3.6% compared to the €136.2 million recorded in September 2019.
EBIT, from January to September, was €114.4 million, which is an increase of 5.3% compared to €108.6 million at September 2019.
Pre-tax profit, from January to September 2020, was €113.8 million (+5.6% compared to €107.7 million in 2019).
For the third quarter of the year, the Group’s performance is equally positive, with consolidated turnover for the period of €293.1 million, an increase of 0.2% compared to 2019.
EBITDA, from July to September 2020, was equal to €50.9 million, with an EBIT of €40.2 million and pre-tax profit of €38.6 million.
As at 30 September 2020, the Group’s net financial position was positive at €135.6 million. The net financial position as at 30 June 2020 was positive for €122.6 million.
“Despite the difficulties related with the effects of the various lockdowns, Reply was able to achieve positive results in the first nine months of 2020, both in terms of turnover and margins; the third quarter was also characterised by an upward trend”, said Reply Chairman Mario Rizzante after the Board of Directors meeting.
“This has allowed us to continue on our development path, both by expanding Reply’s offering in North America and in Europe, and by investing in new skills, especially in areas such as the cloud, artificial intelligence applications, connected vehicles and solutions that support digitisation and automation of main business processes”, continued Mario Rizzante.
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 [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.
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
CA-XPRIZE23.6.2021 19:32:08 CEST | Press release
Grand Prize Winner Announced in $5M IBM Watson AI XPRIZE Competition
WA-ECHODYNE23.6.2021 18:02:14 CEST | Press release
Echodyne Expands Market for Leading CUAS Radar, EchoGuard
OR-LATTICE-SEMICONDUCTOR23.6.2021 18:02:13 CEST | Press release
New Lattice CertusPro-NX General Purpose FPGAs Deliver Advanced System Bandwidth and Memory Capabilities to Edge Applications
AZ-WALTON-GLOBAL23.6.2021 15:20:07 CEST | Press release
Walton Enters the Single-Family Build-to-Rent Market Using its 81,000 Acre Land Portfolio Throughout the U.S.
DAWEX23.6.2021 15:02:06 CEST | Press release
A European Leader in Retail for Automotive Launches Its Data Exchange Platform Powered by Dawex
VA-IDEMIA23.6.2021 15:02:05 CEST | Press release
IDEMIA Brings Boarding Security to Los Angeles International Airport (LAX)
IL-SEVAN-MULTI-SITE23.6.2021 15:02:05 CEST | Press release
Sevan Named Great Place to Work® 8 Years in a Row
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom