Today, the Board of Directors of Reply S.p.A. [MTA, STAR: REY] approved
the results as at 31 March 2019.
Since the beginning of the year, the Group has recorded a consolidated
turnover amounting to €283.5 million, an increase of 18.7% compared to
the corresponding data for 2018.
All indicators are positive for the period (*). In the first quarter of
2019 the consolidated EBITDA was €42.3 million (compared to €32.2
million recorded in 2018) and is equal to 14.9% of the turnover.
Consolidated EBITDA, excluding the effects of applying IFRS 16, would
have been €36.5 million.
EBIT, from January to March, was €33.6 million (€28.7 million in 2018),
and is equal to 11.8% of the turnover. EBIT, excluding the effects of
applying IFRS 16, would have been €33.3 million.
The profit before tax, from January to March 2019, was €34.2 million
(€28.3 million in 2018), equal to 12.1% of the turnover. The value,
excluding the effects of applying IFRS 16, would have been equal to
The net financial position of the Group on 31 March 2019 is positive by
€50.0 million (€134.3 million excluding the effects of applying IFRS
16). The net financial position on 31 December 2018 was positive for
“The mission of our Group,” – says Mario Rizzante, Chairman of Reply –
“has always been to support our customers in a process of continuous
innovation. The growth registered in 2018 and the positive start in 2019
are solid foundation on which further develop Reply; our goal now is to
strengthen Reply as a reference point for the new technology frontiers
such as Artificial Intelligence, Data, Internet of Things and new cloud
(*) Reply has applied the new international accounting standard IFRS
16 prospectively from 1 January 2019, which affects the value of EBITDA
(+5.8 million) and PFN (-84.3 million euros).
The manager responsible for preparing the company’s financial
reports, 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] 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.