EQS-News
Reply S.p.A: The Board of Directors approves the half-year financial report as of 30 June 2024
- Reply S.p.A. reports strong H1 2024 financial growth.
- Consolidated turnover up 7.3% to €1,114.3 million.
- Positive trends in AI, cloud computing drive innovation.
EQS-News: Reply SpA / Key word(s): Half Year Report/Quarter Results All economic and financial indicators grew: |
- Consolidated turnover of € 1,114.3 million (€1,038.9 in H1 2023);
- EBITDA of € 180.5 million (€154.0 in H1 2023);
- EBIT of €146.6 million (€123.7 in H1 2023);
- Pre-tax profit of €146.3 million (€113.6 in H1 2023).
Approved the proposal to submit to the Shareholders' Meeting the enhancement of the increased voting system.
Today, the Board of Directors of Reply S.p.A. [EXM, STAR: REY] approved the results as at 30 June 2024.
Since the start of the year, the Group has recorded a consolidated turnover of €1,114.3 million, which is an increase of 7.3% compared to the same period in 2023.
All indicators are positive for the period. In the first half of 2024, consolidated EBITDA of €180.5 million compared to the €154.0 million recorded in 2023 and corresponds to 16.2% of turnover.
EBIT, from January to June, was €146.6 million (€123.7 million in 2023), corresponding to 13.2% of turnover.
Pre-tax profit, from January to June 2024, was €146.3 million (€113.6 million in 2023), corresponding to 13.1% of turnover.
As regards the second quarter 2024, the Group's performance was also positive, with consolidated turnover for the period of €560.0 million, up by 8.0% compared to 2023.
EBITDA, from April to June 2024, amounted to €93.2 million, with EBIT of €74.5 million and pre-tax profit of €73.2 million.
As at 30 June 2024, the Group's net financial position was positive for €234.8 million, while at 31 March 2024 was positive for €368.9 million. The financial position at 31 December 2023 was positive for €204.9 million.