1. Homepage
  2. Equities
  3. Italy
  4. Borsa Italiana
  5. Reply S.p.A.
  6. News
  7. Summary
    REY   IT0005282865

REPLY S.P.A.

(REY)
  Report
Real-time Estimate Tradegate  -  05/24 03:33:53 pm EDT
116.55 EUR   -2.39%
09:40aReply extends its presence in banks and insurance in Germany with the acquisition of FINCON
EQ
08:46aREPLY Extends Its Presence in Banks and Insurance in Germany With the Acquisition of FINCON
BU
05/23REPLY S.P.A. : Ex-dividend day for final dividend
FA
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Reply S p A : Nexi launches ‘NEXI Digital', a European hub for technological innovation

12/13/2021 | 05:06am EDT

December 13, 2021 at 10:45

Nexi Group announces the launch of Nexi Digital, a European hub for technological innovation founded through the partnership with Reply, an Italian leading company in Europe in digital transformation and already a long-standing partner of Nexi.

Nexi Digital will be a centre of digital excellence for the Nexi Group at a European level insourcing strategic capabilities which are currently sourced externally. The move demonstrates the company's determination to further invest in skills and technology for the in-house development of software for cutting-edge digital payment products and services. In particular, it will focus on attracting talented young people who have successfully completed a scientific degree, preferably in engineering or digital fields of study. Within four years Nexi Digital expects to employ more than 500 employees of which 350 will be new hires.

Nexi Digital expects to bring in new recruits over the next 4 years, to work in high-potential, high-growth countries such as Italy (Nexi's headquarters) and Poland. Specifically, the company will have 300 employees in Italy - 180 of whom will be based in Milan, at Nexi's headquarters, and 120 in Bari - and 200 in Poland, in Katowice. The first 150 employees will be hired over the course of 2022.

Nexi Digital will also establish a series of partnerships with universities and research centres in Italy and Poland, both to identify specialist talent for new job opportunities and to cooperate in the development of excellent digital solutions.

"Nexi Digital allows us to further accelerate our growth in Europe, investing in skills and innovation with the aim of creating cutting-edge technological solutions in the digital payments market, with particular attention to under-penetrated markets such as Italy and Poland" , explained Paolo Bertoluzzo, CEO of Nexi Group. "Recruiting young talent and partnering with universities and research centres both strengthens our links to the countries in which we operate and reflects our desire to contribute to the spread of digital innovation in our country and in Europe, the main driver of economic development".

"Reply leads digital transformation and the design of new connected products", said Tatiana Rizzante CEO of Reply. "In Financial Services we are developing unique competencies and assets that enable our customers to accelerate the transition to new digital business models. We are extremely pleased to work with Nexi Group to put the most advanced digital technology at work in Nexi Digital towards the goal of building a new cashless economy".

Hiring the best talent with specific technological skills and investing in technology, which will be added to the 3 thousand people already present in the group and dedicated to the development of innovative solutions and technology in the world of digital payments in Europe, will allow Nexi Group to further strengthen its internal expertise, thereby reducing time-to-market, accelerating speed of execution and ensuring even greater product quality. The partnership with Reply, a leading player in digital integration and digital service applications, allows Nexi Group to guarantee the highest competencies in the creation, launch and development of Nexi Digital.

Disclaimer

Reply S.p.A. published this content on 13 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 December 2021 10:05:06 UTC.


© Publicnow 2021
All news about REPLY S.P.A.
09:40aReply extends its presence in banks and insurance in Germany with the acquisition of FI..
EQ
08:46aREPLY Extends Its Presence in Banks and Insurance in Germany With the Acquisition of FI..
BU
05/23REPLY S.P.A. : Ex-dividend day for final dividend
FA
05/18REPLY – Digital Experience Is Recognised as No. 1 Internet Agency and Company Gro..
BU
05/13GLOBAL MARKETS LIVE : Nissan, Toshiba, Adecco, Twitter, Robinhood...
05/13REPLY : The Board of Directors Approves the Quarterly Report Dated 31 March 2022
BU
05/13REPLY SPA : The Board of Directors approves the quarterly report dated 31 March 2022
EQ
05/05REPLY SUSTAINABLE INVESTMENT CHALLEN : Over 13,750 People From 95 Countries Took Part in t..
BU
05/04REPLY : Enel Enhances the Efficiency of Maintenance Work With Quantum Inspired Algorithms
BU
05/04Reply Implements a Quantum Inspired Algorithm
CI
More news
Financials
Sales 2022 1 752 M 1 872 M 1 872 M
Net income 2022 175 M 187 M 187 M
Net cash 2022 330 M 353 M 353 M
P/E ratio 2022 25,6x
Yield 2022 0,74%
Capitalization 4 458 M 4 764 M 4 764 M
EV / Sales 2022 2,36x
EV / Sales 2023 2,06x
Nbr of Employees 10 579
Free-Float 58,7%
Chart REPLY S.P.A.
Duration : Period :
Reply S.p.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends REPLY S.P.A.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Last Close Price 119,40 €
Average target price 153,88 €
Spread / Average Target 28,9%
EPS Revisions
Managers and Directors
Tatiana Rizzante Chief Executive Officer & Executive Director
Mario Rizzante Chairman
Secondina Giulia Ravera Independent Non-Executive Director
Francesco Umile Chiappetta Independent Non-Executive Director
Patrizia Polliotto Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
REPLY S.P.A.-33.18%4 764
VERISK ANALYTICS, INC.-25.27%26 989
SAMSUNG SDS CO.,LTD.-6.07%9 025
CHANGE HEALTHCARE INC.8.61%7 244
AUTOSTORE HOLDINGS LTD.-42.83%6 913
OTSUKA CORPORATION-28.32%5 840