Financial News

The Board of Directors approves the Half-yearly Report as at 30 June 2012

2 August 2012

"Double digits" growth for all economic and financial indicators:

  • Consolidated turnover of 244.2 million Euros (+11.6% compared with H1 2011);
  • EBITDA of 30.7 million Euros (+15.9% compared with H1 2011);
  • EBIT at 27.6 million Euros (+19.8% compared with H1 2011);
  • Earnings before taxes of 26.8 million Euros (+18.9% compared with H1 2011).

Today, the Board of Directors of Reply S.p.A. - a company listed on the STAR segment of the Milan stock exchange [MTA, STAR: REY] - approved the company’s results as at 30 June 2012.

Since the beginning of 2012, the Group has achieved consolidated sales of 244.2 million Euros, an increase of 11.6% when compared to 2011.

The first half of 2012 also registered significant improvements in margins, with consolidated EBITDA of 30.7 million Euros (+15.9%) and EBIT of 27.6 million Euros (+19.8%) for the period in question. Earnings before tax at 26.8 million Euros represent an increase of 18.9% when compared to the same period in 2011.

With regard to the second quarter of 2012, the Group’s results were also positive with a consolidated turnover for the period of Euro 122.3 million, an 8.8% increase over the 2011 figure.

The EBITDA from April to June 2011 was equal to 15.4 million Euros (+9.1% compared to 2011), with an EBIT of 13.7 million Euros (+13.0%), and earnings before tax of 13.4 million Euros (+12.1%).

As at 30 June 2012, the Group’s net financial position is negative by 17.7 million Euros compared with the negative figures of 8.0 million Euros at 31 March 2012 and 16.7 million at December 31 2011.

"The first half of 2012 - stated Mario Rizzante - was very positive for Reply, with significant growth in all market segments where it is present. The most significant aspect is the soundness of this growth, based on the consolidation of relations with major customers who appreciate Reply’s ability to always offer highly innovative paradigms in terms of technology, processes and business models".

"We were - continued Mario Rizzante - one of the first to identify the drivers of a change, which was not only technological, in Mobiles, Cloud Computing, Social Networking and Digital Media, which, in a short space of time, revolutionised the way companies operate and compete on the market".

"Currently - concluded Mario Rizzante - we are witnessing the birth and proliferation of new internet-enabled paradigms, such as Social Enterprise, Big Data, Gamification, Mobile Apps and The Internet of Things. Our goal is to be the reference point for companies which intend transforming this into relevant innovation for their business".

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