Reditus Announces Consolidated Earnings Results for the First Half of 2018
August 30, 2018
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Reditus announced consolidated earnings results for the first half of 2018. For the firs half of 2018, operating revenue reached EUR 17.6 million, or a 15.5% decrease against a year ago. EBITDA reached EUR 2.6 million, which corresponds to a EBITDA margin of 14.9%, or 2.7 pp above the 12.2% margin obtained in the same period of the previous year. The consolidated net income reached EUR 60,000, a 6.4% decrease over the same period in 2017.
Reditus SGPS, S.A. is a leading Portuguese computing services provider. Net sales break down by activity as follows:
- business process outsourcing services (53.1%): contact center management, telemarketing, customer relationship management, mail processing, document management and archiving, digitization services, loan treatment, etc.;
- integration and management of computer systems (32,1%): deployment of network systems, Internet and security applications, software development, maintenance and training services, computer fleet management, etc.;
- information technology consulting services (14,8%).
Portugal accounts for 76.6% of net sales.