Earnings release
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REPLY PRESS RELEASE REPLY : The Board of Directors approves the quarterly report dated 31 March 2021 . All economic and financial indicators are positive : • Consolidated turnover of € 352.4 million ( + 11.2 % ) ; • EBITDA of € 59.6 million ( € 47.6 million in 2020 ) ; • EBIT of € 47.9 million ( € 38.0 million in 2020 ) ; • Profit before tax amounts to € 47.6 million ( € 33.9 million in 2020 ) . Today , the Board of Directors of Reply S.p.A. [ MTA , STAR : REY ] approved the results as at 31 March 2021 . Since the beginning of the year , the Group has recorded a consolidated turnover amounting to € 352.4 million , an increase of 11.2 % compared to the corresponding data for 2020 . All indicators are positive for the period . In the first quarter of 2021 the consolidated EBITDA was € 59.6 million compared to € 47.6 million in 2020 , equal to 16.9 % of the turnover . EBIT , from January to March , was € 47.9 million ( € 38.0 million in 2020 ) , and is equal to 13.6 % of the turnover . The profit before tax , from January to March 2021 , was € 47.6 million ( € 33.9 million in 2020 ) , equal to 13.5 % of the turnover . The net financial position of the Group on 31 March 2021 is also positive by 227.9 million . The net financial position on 31 December 2020 was positive for € 158.7 million . " " " The first quarter of 2021 - stated Mario Rizzante , Reply's Chairman - was very positive , both in terms of revenue and margin growth . These results were possible thanks to our exclusive focus on new technological specialisation niches and the resilience of our network model . The combination of these two factors allowed us to quickly compensate for the slowdown in activities related to the most affected sectors , such as transport , manufacturing and tourism . " " Today - continues Mario Rizzante - the evolution of the pandemic is still influencing economic performance . Entire sectors are still at a standstill and the dynamics of the markets will depend , mainly , on the completion of vaccination campaigns the subsequent national reopening plans . " E - MARKET SDIR CERTIFIED