DGAP-News: Reply SpA: The Board approves the draft financial statement for the year 2018
14.03.2019 (www.4investors.de - in Kooperation mit DGAP - EQS Group):
DGAP-News: Reply SpA / Key word(s): Annual Results
Reply SpA: The Board approves the draft financial statement for the year 2018
14.03.2019 / 13:57
The issuer is solely responsible for the content of this announcement.
All economic indicators have improved.
- Consolidated turnover of EUR1,035.8 million (884.4 in 2017);
- EBITDA at EUR144.8 million (123.2 in 2017);
- EBIT at EUR132.4 million (113.9 in 2017);
- Group net profit at EUR99.9 million (77.9 in 2017)
The proposed dividend distribution of EUR0.45 per share approved.
Today, the Board of Directors of Reply S.p.A. [MTA, STAR: REY] approved the draft financial statement for the year 2018, which will be submitted for approval to the Shareholders Meeting scheduled, on first call, for 19 April 2019 in Turin.
The Reply Group closed 2018 with a consolidated turnover of EUR1,035.8 million, an increase of 17.1% compared to EUR884.4 million in 2017.
The EBITDA was EUR144.8 million (EUR123.2 million in 2017), while the EBIT was at EUR132.4 million (EUR113.9 million in 2017).
The Group net profit was at EUR99.9 million, an increase of 28.3% compared to EUR77.9 million recorded in 2017.
Following the results achieved in 2018, the Reply Board of Directors decided to propose to the next Shareholders Meeting the distribution of a dividend of EUR0.45 per share, which will be payable the 8 May 2019, with the dividend date set on the 6 May 2019 (record date 7 May 2019).
As at 31 December 2018, the Group's net financial position has been positive, at EUR66.6 million. As at September 30, 2018, the net financial position was positive, at EUR56.3 million.
Following the meeting of the Board of Directors, Reply Chairman Mario Rizzante commented that "2018 was a significant year for our Group, with a turnover that for the first time has exceeded 1 billion euros, a figure that has risen by more than 17% compared to 2017."
"Today," Mr Rizzante continued, "big data, cloud computing and internet of things are the building blocks that form the basis for rethinking processes, production plants, logistics chains, services and physical goods. This scenario represents a great opportunity for Reply, which is characterized by a unique mix of skills including artificial intelligence, mixed reality, robotics and the leading cloud platforms."
The manager responsible for preparing the company's financial reports, Dr 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
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
Tel. +39 011 771 1594
Tel. +39 011 771 1594
Tel. +49 5241 5009 1017
March 14, 2019
This press release is a translation, the Italian version will prevail.
14.03.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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