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Reply SpA: The Board of Directors approves the half-year financial report as of 30 June 2016

RITM

Reply SpA: The Board of Directors approves the half-year financial report as of 30 June 2016

All economic indicators have improved:

- Consolidated turnover of EUR386.5 million (345.5 in H1 2015).

- EBITDA of EUR51.3 million (EUR47.3 in H1 2015).

- EBIT of EUR48.0 million (EUR42.9 in H1 2015).

- Pre-tax profit of EUR47.3 million (EUR43.9 in H1 2015).

Today, the Board of Directors of Reply S.p.A. [MTA, STAR: REY] approved the results as at 30 June 2016.

Since the start of the year, the Group has recorded a consolidated turnover of EUR386.5 million, which is an increase of 11.9% compared to the same period in 2015.

In the first half of 2016, increased profit margins have also been recorded, with consolidated EBITDA of EUR51.3 million (+8.6%) and EBIT for the period of EUR48.0 million (+12.0%). Pre-tax profit amounted to EUR47.3 million, which represents an increase of 7.8% compared to 2015.

For the second quarter of the year, the Group's performance is equally positive, with consolidated turnover for the period of EUR200.2 million, which is an increase of 13.5% compared to 2015.

EBITDA, from April to June 2016, amounted to 26.4 million, with EBIT of EUR25.5 million and pre-tax profit of EUR24.8 million.

As at 30 June 2016, the Group's net financial position was positive for EUR23.3 million (EUR72.0 as at 31 March 2016). At 30 June 2015, the financial position has been positive for EUR22.9 million.

"The first six months of the year have been very positive for our Group, with significant growth in all the market segments in which we operate," said Mario Rizzante, the Chairman of the Board. " In particular, we have worked to further strengthen a distinctive presence that is unique on the market, matching technology, digital experience and industry consulting."

"Today - concludes Mario Rizzante - our goal is to keep investing in new skills and specializations, to support our clients in defining and implementing transformation strategies based on Big Data, Cloud Computing, Digital Services, Machine Learning, Industry 4.0 and Internet of Things. "

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 Law on Finance, 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 that supports major European industrial groups operating in Telco & Media, Manufacturing and Services, Banking and Insurance and Public Administration sectors in the definition and development of business models empowered by 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.eu

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

Reply
Media Contacts
Fabio Zappelli
f.zappelli@reply.eu
Tel. +39 011 771 1594
or
IR Contacts
Riccardo Lodigiani
r.lodigiani@reply.eu
Tel. +39 011 771 1594
or
Michael Lueckenkoetter
m.lueckenkoetter@reply.eu
Tel. +49 5241 5009 1017



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