Reply SpA: The Board of Directors approves the half-year financial report as of 30 June 2021
DGAP-News: Reply SpA
/ Key word(s): Half Year Results
All economic and financial indicators grew substantially: - Consolidated turnover of € 712.8 million (€615.2 in H1 2020); - EBITDA of €119.5 million (€90.2 in H1 2020); - EBIT of €96.0 million (€74.1 in H1 2020); - Pre-tax profit of €98.7 million (€75.1 in H1 2020).
Since the start of the year, the Group has recorded a consolidated turnover of € 712.8 million, which is an increase of 15.9% compared to the same period in 2020. All indicators are positive for the period. In the first half of 2021, consolidated EBITDA of €119.5 million compared to the €90.2 million recorded in 2020 and corresponds to 16.8% of turnover. EBIT, from January to June, was €96.0 million (€74.1 million in 2020), corresponding to 13.5% of turnover. Pre-tax profit, from January to June 2021, was €98.7 million (€75.1 million in 2020), corresponding to 13.8% of turnover. As regards the second quarter 2021, the Group's performance was also positive, with consolidated turnover for the period of €360.4 million, up by 20.9% compared to 2020. EBITDA, from April to June 2021, amounted to €59.9 million, with EBIT of €48.0 million and pre-tax profit of As at 30 June 2021, the Group's net financial position was positive for €165.4 million, while at 31 March 2021 was positive for €227.9 million. The financial position at 30 June 2020 was positive for €122.6 million. "The first half of 2021 was very positive, both in terms of revenue and margins," said Mario Rizzante, Chairman of Reply. "In recent months we have seen a strong growth in investments by companies in two main areas of innovation: cloud and artificial intelligence." "In particular, the revolution linked to the introduction of artificial intelligence is at the beginning of a growth path that promises to be explosive," added Mario Rizzante. "Just as fifteen years ago, the advent of mobile apps generated a market that keeps doubling every three years, today we are starting to automate everything, adding intelligence to every object and every service. In a few years, we will have artificial intelligence for everything, just as we now have a mobile app for every need." "In this context, Reply has already started to invest and work on the most cutting-edge frontier, the one relating to the confluence of artificial intelligence, the Internet of Things and the cloud, which can be expressed by the paradigm of the Authonomy of Things: objects and services designed to interact with all intelligent entities, using data and artificial intelligence autonomously." concluded Mario Rizzante.
August 3, 2021 This press release is a translation, the Italian version will prevail.
03.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
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