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Financial News The Board of Directors approves the half-yearly report as at 30 June 2014
FOCUS ON: Financial News

31 July 2014

All economic and financial indicators up:

  • Consolidated turnover of 308.5 million Euros (+14.3% compared with H1 2013);
  • EBITDA of 41.6 million Euros (+11.2% compared with H1 2013);
  • EBIT at 37.9 million Euros (+15.6% compared with H1 2013);
  • Earnings before taxes of 37.3 million Euros (+16.9% compared with H1 2013).

Today, the Board of Directors of Reply S.p.A - a company listed on the STAR segment of the Milan stock exchange and belonging to the Mid Cap index of the Milan stock exchange [MTA, STAR: REY] - approved the company's results as at 30 June 2014.

Since the beginning of 2014, the Group has achieved consolidated sales of 308.5 million Euros, an increase of 14.3% compared to 2013.

The first half of 2014 also registered significant improvements in margins, with consolidated EBITDA of 41.6 million Euros (+11.2%) and EBIT of 37.9 million Euros (+15.6%) for the period. Earnings before tax at 37.3 million Euros were up 16.9% compared to the same period in 2013.

With regard to the second quarter of 2014, the Group's results were also positive with a consolidated turnover for the period of 154.9 million Euros, a 14.3% increase over the 2013 figure.

The EBITDA from April to June 2013 amounted to 22.6 million Euros (+21.2% compared to 2013), with an EBIT of 20.8 million Euros (+31.4%), and earnings before tax of 20.7 million Euros (+34.2%).

As at 30 June 2014, the Group's net financial position was positive in the amount of 9.1 million Euros compared to 22.1 million Euros at 31 March 2014. As at 30 June 2013, the net financial position was positive at 6.2 million Euros.

"In the first six months of 2014 Reply achieved extremely positive results, both in terms of turnover and profitability," said company Chairman Mario Rizzante at the end of a Board of Directors meeting. "The second quarter, in particular, was characterised by substantial growth, and this allows us to look forward to the coming months with optimism, continuing on the path of development of our Group".

"The strength of Reply is its ability to understand innovation by making it functional to the needs of companies," he continued. "We were among the first to work on new paradigms such as Big Data, Cloud Computing, Digital Services, Mobile and Social, supporting our customers in introducing them within their organisations".

"Today the challenge is called Internet of Things, an epochal revolution that will involve all sectors of industry, and in which Reply continues to invest in solutions and skills in order to play an increasingly important and indeed leading role," he concluded.

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 Law on Finance, the accounting information contained in this press release corresponds to the document results, books and accounting records.

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