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Board of Directors approves the half-yearly financial report as at June 30, 2010

05.08.2010

Today the Board of Directors of Reply S.p.A. – a company listed on the STAR [REY.MI] segment – approved the half-yearly results as at June 30, 2010.

Figures for the second quarter very positive; all financial indicators showing growth:

  • Consolidated turnover of 95.4 million Euros (+10.9% compared with Q2 2009);
  • EBIDTA of 12.4 million Euros (+22.0% compared with Q2 2009);
  • EBIT of 10.9 million Euros (+25.4% compared with Q2 2009).

Today the Board of Directors of Reply S.p.A. – a company listed on the STAR [REY.MI] segment – approved the half-yearly results as at June 30, 2010.

Very positive growth in the second quarter of 2010, for which the Group reports a consolidated turnover of 95.4 million Euros, an increase of 10.9% (86.0 million Euros in 2009).

EBITDA, at 12.4 million Euros, grew by 22% during the second quarter of 2010, compared with the corresponding period of 2009; EBIT stood at 10.9 million Euros, growth of +25.4%.
Pre-tax profit in the second quarter of 2010 reached 10.6 million Euros, 29.2% growth over 2009.

From the beginning of the year, the Group’s consolidated turnover reached 181.8 million Euros, 6.7% growth compared with the figure of 2009.

EBITDA for the first six months of the year stood at 22.0 million Euros, 5.2% growth compared with the 20.9 million Euros in 2009; EBIT, at 18.9 million Euros, saw growth of 5.3% (18.0 million Euros in 2009).

Net profit of 9.3 million Euros was up 13.4% over 2009.

As at June 30, 2010 the Group’s net financial position was negative by 8.6 million Euros, compared with the negative values of 5.1 million Euros as at March 31, 2010 and 10.5 million Euros as at December 31, 2009.

Activities during the first six months of 2010

The first half of 2007 benefited from the confidence shown by the market, continuing investment in innovation and excellence in the Group’s execution.

The Group has focused in Italy on the development of new platforms and applications related to Cloud Computing, the Internet of Things, and Social Networking and the expansion of its offer for banks and insurance companies and for the Energy & Utilities and Transportation industries.

In Germany, Reply continued to broaden its presence with investment in the Telco & Media sector where Reply is engaged in VAS (Value Added Services), and in the development of new mobile applications.

In the UK, since the beginning of 2010, in line with the Group’s network model, Reply has set in motion a specific initiative for the Financial Services market and established three new companies: Sytel Reply, specialising in the Telco & Media market, Open Reply, for the development of Open Source and Mobility solutions and @logistics Reply, which focuses on Supply Chain Execution.

The manager responsible for preparing the company’s financial reports, Mr Giuseppe Veneziano declares, pursuant to paragraph 2 of Article 154-bis of the Consolidated Law on Finance, that the accounting information contained in this press release corresponds to the document results, books and accounting records



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