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Reply S.p.A: The Board approves the draft financial statement for the year 2016(March 15, 2017)
DGAP-News: Reply SpA / Key word(s): Final Results/Dividend
All economic indicators have improved.
- Consolidated turnover of EUR780.7 million (705.6 in 2015);
- EBITDA at EUR106.4 million (98.7 in 2015);
- EBIT at EUR99.6 million (90.6 in 2015);
- Group net profit at EUR67.5 million (56.7 in 2015)
The proposed dividend distribution of EUR1.15 per share approved.
The Reply Group closed 2016 with a consolidated turnover of EUR780.7 million, an increase of 10.6% compared to EUR705.6 million in 2015.
The EBITDA was EUR106.4 million (EUR98.7 million in 2015), while the EBIT was at EUR99.6 million (EUR90.6 million in 2015).
The Group net profit was at EUR67.5 million, an increase of 19% relative to the EUR56.7 million recorded in 2015.
Following the results achieved in 2016, the Reply Board of Directors decided to propose distribution of a dividend of EUR1.15 per share to the next Shareholders Meeting, which will be payable the 10 May 2017, with the dividend date set on the 8 May 2017 (record date 9 May 2017).
As at 31 December 2016, the Group's net financial position has been positive, at EUR28.8 million. As at 30 September 2016, the net financial position was positive, at EUR42.2 million.
Rizzante continued: "Reply has always invested to position itself on the technological frontier, and topics that many are only now beginning to discuss, such as Artificial Intelligence, Big Data, Machine Learning, Mixed Reality, Industry 4.0 and the Internet of Things are for us already structured proposals on which we have been working together with our customers for some time."
"This competitive advantage, as reflected in the positive results of 2016, combined with our Group's financial strength, allows us to continue investing to make Reply's offering portfolio of products and services increasingly aligned with the demands of a new world, where the barrier between the physical and digital vanishes and the innovation component linked to technology changes from an enabling factor to a successful strategic lever for the companies," concluded Rizzante.
March 15, 2017
This press release is a translation; the Italian version will prevail.