Financial News

Board of Directors approves the Financial Statement presentation project - Fiscal Year 2008

13 March 2009

Revenues and marginality show an upward trend:

• Consolidated sales revenue achieved 330.2 million Euros (+19.1% compared to 2007);
• EBITDA achieved 46.0 million Euros (42.3 million Euros in 2007);
• EBIT achieved 41.2 million Euros (38.0 million Euros in 2007);
• Net Income amounted to 18.9 million Euros (+20.4% compared to 2007).

The distribution of a dividend of Euro 0,35 per share has been proposed.

The Board of Directors of Reply S.p.A. – a company listed on the STAR segment of Borsa Italiana [REY.MI] – has approved today the Consolidated Statement FY 2008 project which will be submitted to the Shareholders’ Meeting for approval. The first convocation of the Shareholders’ Meeting is going to take place in Turin on April 29th, 2009.

The Reply Group closed FY 2008 with consolidated revenues worth 330.2 million Euros (+ 19.1% compared to 2007), achieving a 46.0 million Euros (42.3 million Euros in 2007) EBITDA and a 41.2 million Euros (38.0 million Euros in 2007) EBIT. The Net Income reached 18.9 million Euros (+20.4% compared to 2007, i.e. 15.7 million Euros).

In consequence of the results achieved in 2008, the Board of Directors of Reply has decided to propose, during the next Shareholders’ Meeting, the distribution of a dividend of 0,35 Euro per share, in payment from June 4th, 2009, with coupon detachable from June 1st, 2009.

The Reply Group Net Financial Position is negative at 18.6 million Euros, as at December 31st 2008, and remains basically stable compared to September 30th 2008 when it reported a negative value worth 16 million Euros.

“During the next Shareholders’ Meeting – has declared Mario Rizzante, Reply President – we will present our results evidencing a financially sound business, a strong orientation towards innovation and a distinctive offering in terms of new technologies”.

“In 2008 - continues Mario Rizzante – has been a very positive year for our Group. We achieved excellent results in terms of market positioning within all the main industries we operate in: Telco-Media-Utilities, Banking and Insurance, Manufacturing and Services, Health and Public Administration. Through the acquisition of the main Italian Security Operation Center we have extended and enhanced our offer in this field and we have now set up our UK base specialized in SOA and BPM, segments that, despite the current economic situation, show wide margins of development”.

“2009 - concludes Mario Rizzante – is going to be characterized by a strong financial, economic and business discontinuity. This situation will require to companies dramatic changes and strong innovation. Today Reply plays a reference role in sectors such as Service Architectures, CRM, Business Intelligence, Mobile and Wireless solutions, Security, Web 2.0, SaaS and Cloud Computing. All these domains are becoming more and more important for companies intended to redefine their business models and identify new competitive edges; as a matter of fact these sectors are of paramount importance to optimize costs and facing the reduction in consumption which presently affects almost every industry”.

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