EQS-News

Reply: The Board of Directors approves the quarterly report dated 31 March 2024

EQS-News: Reply SpA / Key word(s): Quarterly / Interim Statement/Quarter Results Reply: The Board of Directors approves the quarterly report dated 31 March 2024 14.05.2024 / 12:30 CET/CEST The issuer is solely responsible for the content of this announcement. All economic and financial indicators grew:

• Consolidated turnover of €554.3 million (€520.6 million in 2023);
• EBITDA of €87.3 million (€81.0 million in 2023);
• EBIT of €72.1 million (€65.6 million in 2023);
• Profit before tax amounts to €73.1 million (€62.1 million in 2023).

 

 

Today, the Board of Directors of Reply S.p.A. [EXM, STAR: REY] approved the results as at 31 March 2024.

 

Since the beginning of the year, the Group has recorded a consolidated turnover amounting to €554.3 million, an increase of 6.5% compared to the corresponding data for 2023.

 

All indicators are positive for the period. In the first quarter of 2024 the consolidated EBITDA was €87.3 million compared to €81.0 million in 2023, equal to 15.8% of the turnover.

 

EBIT, from January to March, was €72.1 million (€65.6 million in 2023) and is equal to 13.0% of the turnover.

 

The profit before tax, from January to March, was €73.1 million (€62.1 million in 2023), equal to 13.2% of the turnover.

 

The net financial position of the Group on 31 March 2024 is also positive by 368.9 million. The net financial position on 31 December 2023 was positive for €204.9 million.

 

"The first quarter of 2024", Reply Chairman Mario Rizzante has said, “was positive, both in terms of revenues and margins. Since the beginning of the year, we have seen an increased interest in applications related to the use of artificial intelligence, an area where Reply has long been committed and where it has acquired a leading position in the market."