REPLY: The Board of Directors Approves the Quarterly Financial Report as of 30 September 2023.
The 2022 figures for EBITDA, EBIT, and Pre-tax Profit include €11 million from the release of part of the Covid provision that occurred in the first 9 months of FY2022.
Today, the Board of Directors of Reply [EXM, STAR: REY] approved the results as at 30 September 2023.
The Group's consolidated turnover in the first nine months of the year reached €1,548.0 million, an increase of 14.2% compared to €1,355.7 million recorded on 30 September 2022.
The indicators for the period are positive. Consolidated EBITDA was €235.8 million, equal to 15.2% of the consolidated revenues. As of September 2022, EBITDA was €218.6 million (€207.6 million should be considered for comparison purposes)*.
EBIT, from January to September, reached €187.7 million, equal to 12.1% of the consolidated revenues. The corresponding 2022 figure was €183.6 million (€172.6 million for comparison purposes)*.
Pre-tax profit, from January to September 2023, was €170.3, equal to 11.0% of the revenues. As of September 2022, profit stood at €169.1 million (€158.1 million for comparison purposes)*.
For the third quarter of the year, the Group’s performance is positive, with consolidated turnover for the period of €509.1 million compared to €465.9 million of the third quarter 2022.
EBITDA, from July to September 2023, was equal to €81.8 million, with an EBIT of €64.0 million and pre-tax profit of €56.8 million.
As at 30 September 2023, the Group’s net financial position was positive at €189.7 million. The net financial position as at 30 June 2023 was positive for €101.6 million.
“In the first nine months of 2023, Reply achieved very good results, both in terms of revenue and margins,” said Reply Chairman Mario Rizzante after the Board of Directors. “More specifically, the results of the third quarter allow us to look forward to the months ahead with confidence.”
“The strength of Reply lies in the ability to interpret innovation making it functional to the transformation needs of businesses” continues Mario Rizzante “2023 has been marked by exponential growth in demand for new applications related to the use of artificial intelligence, an area in which Reply has been investing since 2017 and where it is now recognized as one ot the market leaders."
“In a short time,” concludes Mario Rizzante, “we will be living in a blend of automation, artificial intelligence, digital interfaces and connected objects, but it will take a huge amount of work to make that possible. It is in this specific area where we intend to focus our future investments to position ourselves as a niche player with very high technological and consulting expertise."
(*): For the purpose of data comparison, €11 million, attributable to the release in the first 9 months of 2022 of a portion of the extraordinary Covid fund previously set aside, has been excluded from the 2022 values (EBITDA, EBIT and Pre-tax profit). The total amount of the provision released in 2022 was €46.794 million.
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 [EXM, STAR: REY, ISIN: IT0005282865] specialises in the design and implementation of solutions based on new communication channels and digital media. As a network of highly specialised companies, Reply defines and develops business models enabled by the new models of AI, big data, cloud computing, digital media and the internet of things. Reply delivers consulting, system integration and digital services to organisations across the telecom and media; industry and services; banking and insurance; and public sectors. www.reply.com
This press release is a translation, the Italian version will prevail.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
Investor Relation Contacts
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
BlueConic Named the Only Challenger in Inaugural 2024 Gartner® Magic Quadrant™ for Customer Data Platforms21.2.2024 18:33:00 CET | Press release
Market-leading customer data platform (CDP) BlueConic today announced that it has been recognized as the only Challenger in the inaugural Magic Quadrant for Customer Data Platforms. We believe this industry recognition marks a major milestone for CDPs and the maturity of the space on a global scale. BlueConic differentiates from other vendors for its: Privacy-by-design philosophy: Maintaining responsible data practices is essential for garnering consumer trust, but maintaining compliance with a patchwork of regulations is only getting more difficult. That’s why BlueConic has been built with privacy at the forefront. The platform has been purposely designed to collect first-party data in ways that ensures it is unified, actionable, and privacy-compliant. Collecting and using data within the framework of privacy regulations like GDPR and CCPA enables companies to build trust and deliver valuable customer experiences, while mitigating their consumer data risk at the same time. Easy-to-use
Bynder named a “Leader” in Digital Asset Management by independent research firm21.2.2024 17:58:00 CET | Press release
Bynder, the global, enterprise digital asset management (DAM) platform, has been named a “Leader” in The Forrester Wave™: Digital Asset Management Systems, Q1 2024 report by Forrester Research, Inc. Bynder received a top score in the revenue category, with the report stating that “Bynder invests to play a transformative role in the digital-first economy.” In the past two years since the last report was launched, Bynder has surpassed $130m in ARR, announced a majority investment from Thomas H. Lee Partners, made two acquisitions, developed its enterprise partner ecosystem, launched more than 45 out of the box integrations and expanded its suite of product offerings to include AI capabilities and other new innovations that are redefining DAM. According to a quote from a customer reference in the report “the AI search and smart filter system in Bynder simplifies the process of finding the exact assets you’re looking for.” These recent AI innovations have highlighted the company’s market l
Parse Biosciences Launches Evercode Whole Transcriptome Version 3, Boosting Usability and Performance21.2.2024 17:00:00 CET | Press release
Parse Biosciences, a leading provider of accessible and scalable single cell sequencing solutions, today announced a significant update to the company’s flagship Evercode™ Whole Transcriptome products. Available to ship in mid-March, Evercode Whole Transcriptome version 3 kits offer researchers a more streamlined workflow, more flexible and higher throughput fixation, and optimized reagents for improved sensitivity in gene detection. With the new version, customers will enjoy a more streamlined and flexible workflow, helping them move from samples to results more quickly. These enhancements are delivered while significantly improving upon the previous version’s sensitivity and library complexity, giving researchers higher biological resolution and insight into their samples. Parse customers already rely on the utility of Evercode fixation, which enables them to fix cells or nuclei when they become available, store them for up to six months, and then sequence them when ready. Fixation i
Tigo Energy Expands Comprehensive Residential Energy Solution for Italy with GO EV Charger21.2.2024 15:00:00 CET | Press release
Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced the launch of the GO EV Charger for the Italian market. A smart residential electric vehicle (EV) charging station, GO EV Charger offers solar installers a way to add e-mobility that seamlessly integrates with the Tigo EI (Energy Intelligence) Residential Solar Solution, which includes inverter, battery system, TS4 MLPE devices, and everything else required for fast, flexible, and dependable solar installations. The Tigo EI Residential Solar Solution will be on display from February 28th to March 1st at KEY - The Energy Transition Expo in Rimini, Italy. Previously released for the German market, the GO EV Charger features seamless integration with the Tigo EI Residential solar-plus-storage solution. The GO EV Charger is available in single- or three-phase variants, up to 22 kW, and delivers high flexibility with multiple charging modes, current limits, and scheduling
Talkdesk Hires Software Veteran Albert Caravelli to Lead, Grow Strategic Alliances and Partners21.2.2024 15:00:00 CET | Press release
Talkdesk®, Inc., a global AI-powered contact center leader for enterprises of all sizes, today announced that Albert (Al) Caravelli, an accomplished executive experienced in transforming sales and alliances organizations at some of the world’s leading software companies, has joined the company as senior vice president of Alliances and Partners. In this role, Caravelli is responsible for expanding and nurturing Talkdesk’s growing ecosystem of strategic technology alliance partners, global system integrators, and global service providers. Caravelli comes to Talkdesk following nearly nine years at cloud security company Zscaler, where he most recently served as global vice president of strategic alliances and advisory firms, responsible for leading Zscaler’s go-to-market strategy and execution. During this time, he was instrumental in the formation of strategic alliances with multiple companies, including Accenture, Capgemini, Deloitte, HCL, Infosys, AT&T, BT, Cognizant, Deutsche Telekom,