Business Wire

REPLY: The Board of Directors Approves the Quarterly Financial Report as of 30 September 2023.


Regulatory News:

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.

This press release is a translation, the Italian version will prevail.

To view this piece of content from, please give your consent at the top of this page.

Contact information

Media Contacts

Fabio Zappelli
Tel. +390117711594

Investor Relation Contacts

Riccardo Lodigiani
Tel. +390117711594

Michael Lueckenkoetter
Tel. +49524150091017

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982

(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

A World’s First: Murata Enables Better Wi-Fi 6E and Wi-Fi 7 Antenna Design with Cutting-Edge Parasitic Element Coupling Device7.12.2023 03:00:00 CET | Press release

Murata Manufacturing Co., Ltd. (TOKYO: 6981) (ISIN: JP3914400001) has announced its new Parasitic Element Coupling Device. This state-of-the-art solution improves antenna efficiency by magnetically coupling the parasitic element with the antenna and is the world's first solution designed for Wi-Fi 6E and Wi-Fi 7 products. For designers of smartphones, tablets, network routers, game consoles, and other compact electronics, it enables them to build more efficient antennas – a key requirement for many modern space-constrained devices. This press release features multimedia. View the full release here: [Murata Manufacturing Co., Ltd.] Parasitic element coupling device (Photo: Business Wire) To develop products conforming to Wi-Fi 6E and Wi-Fi 7 standards, which utilize high-speed wireless communication, multiple high-performance antennas must be installed in electronic devices to improve communication speed and quality. However, as

Xsolla Joins GameDev.World 2023 as Diamond Sponsor Fostering Global Game Development Unity & Equality6.12.2023 23:25:00 CET | Press release

Xsolla, a global video game commerce company, is excited to announce its platinum sponsorship of GameDev.World, a pioneering global real-time conference for video game developers. The event, hosted online from December 9, 2023, 11 am UK time, to December 10, 2023, 2 am UK time, is uniquely programmed in GMT to cater to an international audience. "Joining GameDev.World as the Diamond Sponsor is a step forward in our mission to democratize game development globally," expressed Chris Hewish, CEO of Xsolla. "Our involvement in this event signifies our unwavering commitment to the gaming community and our ambition to bridge the gap for underrepresented territories in the gaming industry." A highlight of GameDev.World is its diverse roster of speakers. Among them is Nathan Sölbrandt, who will present a pre-recorded session from 6:45 pm to 7:10 pm UK time. His segment promises to offer valuable insights into the evolving world of game development. Following him is Alessandro Biollo Menjivar,

New Trinseo PMMA Depolymerization Plant Reimagines Plastics Value Chain With Sustainability In Mind6.12.2023 22:30:00 CET | Press release

Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, is helping advance the potential of sustainable plastics with the inauguration of its next generation, polymethyl methacrylate (PMMA) depolymerization plant in Rho, Italy. Scheduled to be commissioned in Q1 2024, this demonstration facility marks a pivotal step towards reshaping the plastics ecosystem as part of the circular economy. PMMA, renowned for its versatility in various applications, will be transformed through this advanced recycling and purification process where it can go back into the plastics value chain and support the goal of circularity. This depolymerization operation will be designed to enable the efficient recycling of end-of-life PMMA, as well as other difficult to recycle structures, which will ultimately be used to produce acrylic resins, sheets, and compounds containing recycled materials. This press release features multimedia. View the full release here: https://www.busi

Technology Holdings advises ServiceNow Elite Partner Unifii on its strategic sale to Bain Capital backed Inetum6.12.2023 19:55:00 CET | Press release

Technology Holdings, a global investment bank with offices in North America, Europe and the Asia-Pacific is pleased to announce that it has acted as the exclusive financial advisor to London headquartered Elite ServiceNow partner, Unifii on its strategic sale to Bain Capital backed Inetum, which is headquartered in France. Unifii is the largest independent Elite ServiceNow partner in the United Kingdom and Ireland, and is recognized for its unparalleled expertise in supporting clients through their digital transformation journeys. Unifii enables its clients to achieve successful business outcomes through optimized business workflows. Unifii has a recognized customer ecosystem in multiple sectors, including finance, technology, and the public sector. Its team of certified experts and experienced consultants brings undeniable value to its clients’ national and international projects. With the acquisition of Unifii, Inetum becomes a leading European partner for ServiceNow with nearly 500

Edgio’s Group Vice President of EMEA, Emma Whitmore, to Join the Digital TV Group (DTG) Council6.12.2023 17:00:00 CET | Press release

Edgio, Inc. (Nasdaq: EGIO), the platform of choice for speed, security, and simplicity at the edge, today announced that Emma Whitmore, Group Vice President (GVP) of EMEA, is joining the DTG Council, an important industry steering group, to provide Edgio’s unique perspective and insight on the future of TV distribution. For over 25 years, DTG, the UK's unique, self-funding centre for innovation in digital media technology, has been central to driving digital TV innovation in the UK. The 25-strong member council brings together the best thinkers from across broadcasters, technology providers and manufacturers, including BT, BBC, ITV and Sony, to inform the work, policy and direction of the organisation. Powered by a secure global edge network designed for the unique demands of media, Edgio’s solutions allow companies to operate, monetize and securely deliver video content to millions of global viewers. “Given the wealth of knowledge that Emma brings from more than twenty years in the in