Earnings release
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REPLY PRESS RELEASE Reply S.p.A : The Board of Directors approves the half - year financial report as of 30 June 2021 . All economic and financial indicators grew substantially : • Consolidated turnover of € 712.8 million ( € 615.2 in H1 2020 ) ; • EBITDA of € 119.5 million ( € 90.2 in H1 2020 ) ; • EBIT of € 96.0 million ( € 74.1 in H1 2020 ) ; • Pre - tax profit of € 98.7 million ( € 75.1 in H1 2020 ) . Today , the Board of Directors of Reply S.p.A. [ MTA , STAR : REY ] approved the results as at 30 June 2021 . Since the start of the year , the Group has recorded a consolidated turnover of € 712.8 million , which is an increase of 15.9 % compared to the same period in 2020 . All indicators are positive for the period . In the first half of 2021 , consolidated EBITDA of € 119.5 million compared to the € 90.2 million recorded in 2020 and corresponds to 16.8 % of turnover . EBIT , from January to June , was € 96.0 million ( € 74.1 million in 2020 ) , corresponding to 13.5 % of turnover . Pre - tax profit , from January to June 2021 , was € 98.7 million ( € 75.1 million in 2020 ) , corresponding to 13.8 % of turnover . As regards the second quarter 2021 , the Group's performance was also positive , with consolidated turnover for the period of € 360.4 million , up by 20.9 % compared to 2020 . EBITDA , from April to June 2021 , amounted to € 59.9 million , with EBIT of € 48.0 million and pre - tax profit of € 51.1 million . As at 30 June 2021 , the Group's net financial position was positive for € 165.4 million , while at 31 March 2021 was positive for € 227.9 million . The financial position at 30 June 2020 was positive for € 122.6 million . " The first half of 2021 was very positive , both in terms of revenue and margins , ” said Mario Rizzante , Chairman of Reply . " In recent months we have seen a strong growth in investments by companies in two main areas of innovation : cloud and artificial intelligence . " " In particular , the revolution linked to the introduction of artificial intelligence is at the beginning of a growth path that promises to be explosive , ” added Mario Rizzante . “ Just as fifteen years ago , the advent of mobile apps generated a market that keeps doubling every three years , today we are starting to automate everything , adding E - MARKET SDIR CERTIFIED