Reply approves 2024 draft financial statements showing revenue growth

Reply S.p.A. announced that its Board of Directors has approved the draft financial statements for the fiscal year 2024. The statements will be presented for final approval at the Shareholders' Meeting scheduled for April 23, 2025.

The company reported a strong financial performance for 2024, with consolidated turnover reaching €2,295.9 million, an increase of 8.4% compared to €2,118.0 million in 2023. All economic indicators were positive, with Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rising by 16.6% to €410.6 million, and Earnings Before Interest and Taxes (EBIT) growing by 12.9% to €330.4 million.

The Group's net profit for the year was €211.1 million, up from €186.7 million in 2023. The Board has proposed a dividend distribution of €1.15 per share. Reply's net financial position strengthened significantly, ending the year with a positive balance of €349.1 million.

In addition to the financial results, the Board also approved the Consolidated Sustainability Statement, prepared for the first time in compliance with the EU's Corporate Sustainability Reporting Directive (CSRD). Reply highlighted its strategy for interpreting market needs and developing digital solutions.

"2024 closed with very positive results for Reply," stated Chairman Mario Rizzante. He emphasized the company's ability to interpret market needs and develop digital solutions in a complex global context, especially leveraging artificial intelligence to support new operational methods and business models for its clients.