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| - Today, the Board of Directors of Reply [MTA, STAR: REY] approved the results as at 30 September 2020. The Group's consolidated turnover in the first nine months of the year reached EUR908.3 million, an increase of 4.9% compared to EUR866.2 million recorded on 30 September 2019. All indicators are positive for the period. Consolidated EBITDA was EUR141.1 million, an increase of 3.6% compared to the EUR136.2 million recorded in September 2019. EBIT, from January to September, was EUR114.4 million, which is an increase of 5.3% compared to EUR108.6 million at September 2019. Pre-tax profit, from January to September 2020, was EUR113.8 million (+5.6% compared to EUR107.7 million in 2019). For the third quarter of the year, the Group's performance is equally positive, with consolidated turnover for the period of EUR293.1 million, an increase of 0.2% compared to 2019. EBITDA, from July to September 2020, was equal to EUR50.9 million, with an EBIT of EUR40.2 million and pre-tax profit of EUR38.6 million. As at 30 September 2020, the Group's net financial position was positive at EUR135.6 million. The net financial position as at 30 June 2020 was positive for EUR122.6 million. "Despite the difficulties related with the effects of the various lockdowns, Reply was able to achieve positive results in the first nine months of 2020, both in terms of turnover and margins; the third quarter was also characterised by an upward trend", said Reply Chairman Mario Rizzante after the Board of Directors meeting. "This has allowed us to continue on our development path, both by expanding Reply's offering in North America and in Europe, and by investing in new skills, especially in areas such as the cloud, artificial intelligence applications, connected vehicles and solutions that support digitisation and automation of main business processes", continued Mario Rizzante. 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 Finance Act, that the accounting information contained in this press release corresponds to the company's records, ledgers and accounting entries. ReplyReply [MTA, STAR: REY, ISIN: IT0005282865] specialises in the design and implementation of solutions based on new communication channels and digital media. Reply is a network of highly specialised companies supporting key European industrial groups operating in the telecom and media, industry and services, banking, insurance and public administration sectors in the definition and development of business models enabled for 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.com This press release is a translation, the Italian version will prevail. View source version on businesswire.com: Contact Media Contacts Reply Fabio Zappelli f.zappelli@reply.com Tel. +390117711594 Investor Relation Contacts Reply Riccardo Lodigiani r.lodigiani@reply.com Tel. +390117711594 Michael Lueckenkoetter m.lueckenkoetter@reply.com Tel. +49524150091017 © 2020 Business Wire, Inc. Disclaimer: This material is not an AFP editorial material, and AFP shall not bear responsibility for the accuracy of its content. In case you have any questions about the content, kindly refer to the contact person/entity mentioned in the text of the release.
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