REPLY S.p.A.: Shareholders’ Meeting Approves the 2017 Financial Statements
- Consolidated turnover of €884.4 million (+13.3%);
- Group net profits of €77.9 million (+ 15.3%).
The proposal to distribute a dividend of €0.35 per share has been approved.
The Board of Directors and the Board of Statutory Auditors have been appointed for the three-year period 2018-2020.
Resolutions in relation to the purchase and/or sale of own shares.
Reply S.p.A. Shareholders’ meeting [MTA, STAR: REY] today approved the Financial Statements for the financial year 2017, confirming the distribution of a gross dividend of €0.35 per share (up 21.7% compared to the previous year, taking into consideration the equity split occurred in October 2017, which converted each ordinary share, having a nominal value of €0.52 into 4 new ordinary shares, nominal value of €0.13).
The dividend will be paid on 9 May 2018, with dividend detachment date set on 7 May 2018 and record date 8 May 2018.
Financial Statements of the 2017 financial year
The Reply Group closed the 2017 financial year with a consolidated turnover of €884.4 million, increasing by 13.3% compared to the €780.7 million turnover of 2016. EBITDA amounted to €123.2 million (€106.4 million in 2016), while EBIT amounted to €113.9 million (€99.6 million in 2016).
The group net profit amounted to €77.9 million, an increase of 15.3% compared to the €67.5 million net profit recorded in 2016.
The Shareholders’ Meeting also approved the following resolutions:
Appointment of the Board of Directors and the Board of Statutory Auditors for the next three years
The Shareholders’ Meeting appointed the new members of the Board of Directors and the Board of Statutory Auditors for the three-year period 2018-2020, on the basis of the lists of candidates presented.
Appointed Directors were:
- Mario Rizzante (Chairman), Tatiana Rizzante, Filippo Rizzante, Daniele Angelucci, Claudio Bombonato, Elena Previtera and Fausto Forti, taken from the majority slate presented by the shareholder Alika S.r.l. (holder of a 45.1% stake in Reply S.p.A.), which obtained the highest number of votes (61.19 % of votes obtained).
- Secondina Giulia Ravera and Francesco Umile Chiappetta, taken from the minority slate submitted by a group of investors (holders of a total stake of 1.744% of the share capital of Reply S.p.A.)
The nominated Board of Statutory Auditors consists of three members and two alternates:
- Giorgio Mosci (Chairman) and Giancarla Branda (Alternate Auditor), taken from the minority slate presented by a group of Investors (holding a total stake of 1.744% of the share capital of Reply S.p.A.)
- Piergiorgio Re (effective), Ada Alessandra Garzino Demo (effective), Stefano Barletta (alternate), taken from the majority slate presented by the shareholder Alika S.r.l. (holder of a 45.1% stake in Reply S.p.A.), which obtained the highest number of votes (65,10 % of votes obtained).
The CV of the Directors and Statutory Auditors and the additional documentation required by current legislation are available in the investors section of the website www.reply.com
Resolutions in relation to the purchase and sale of own shares
The Shareholders ‘Meeting authorised a new programme for the purchase of treasury shares, withdrawing the one currently approved in the Shareholders’ Meeting of 21 April 2017: the main objective of this programme is the purchase of shares to service the stock incentive plans, transactions aimed at the acquisition of investments, extraordinary financial transactions and/or the conclusion of agreements with strategic partners.
The authorisation has a duration of 18 months from the date of the resolution, for a maximum of 7,478,256 ordinary shares (equal to 19.9892% of the current share capital) with a nominal value of €0.13 each for a maximum nominal value of €972,173.28, within the limit of a maximum financial commitment of €100,000,000. The purchase price cannot be lower than the nominal value (currently €0.13) and higher than the official price of the trades registered on the MTA market the day before the purchase increased by 15%.
Approval of the Remuneration Report
The Shareholders’ Meeting also approved Section I of the Remuneration Report prepared pursuant to Art. 123-ter of the Legislative Decree. No. 58/1998
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.
Reply [MTA, STAR: REY] 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.
Investor Relation Contacts
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Tilaa tiedotteet sähköpostiisi
Haluatko tietää asioista jo ennen kuin ne uutisoidaan? Kun tilaat tiedotteemme, saat ne sähköpostiisi yhtä aikaa suomalaisen median kanssa. Tilauksen voit halutessasi perua milloin tahansa.
Lue lisää julkaisijalta Business Wire
Andersen Global’s Middle East Expansion Continues with Solutions Bridge in Kuwait24.5.2018 16:30 | Tiedote
Solutions Bridge, an Accounting and Corporate Secretarial Services firm in Kuwait City, has signed a Collaboration Agreement with Andersen Global. The addition of a location in Kuwait demonstrates Andersen Global’s growth in the Middle East, which is a significant market for the organization. “Having a strong practice in Kuwait is important to our regional success and this is an extraordinary opportunity to continue providing best-in-class services globally,” commented Mark Vorsatz, Global Chairman and Andersen Tax LLC CEO. “There are many changes in the Middle East currently and the development of tax laws is a major factor in the region. The addition of Solutions Bridge, one of the largest accounting firms in Kuwait, positions us for continued opportunities for expansion.” Formed by former professionals of Andersen in Kuwait, Solutions Bridge is led by Partner Fouad Al Hourani. The firm provides accounting and corporate secretarial services for both individuals and corporations in a
Workiva Signs OEM Agreement with SAP to Offer SAP® Cloud Platform Integration with the Workiva Wdesk Platform24.5.2018 16:00 | Tiedote
Workiva (NYSE:WK), a leader in cloud-based data collaboration, reporting and compliance solutions, today announced it has signed an original equipment manufacturer (OEM) agreement with SAP (NYSE:SAP). Through this agreement, Workiva is partnering with SAP to provide a first-party integration with the Wdesk platform using the SAP® Cloud Platform Integration service. The bundled solutions are expected to provide customers with powerful linking, auditability and control features. “Today’s announcement demonstrates that Workiva and SAP are committed to providing customers with a rich integration experience,” said Matt Rizai, chairman and CEO of Workiva. “Through our OEM partnership, we will help customers all over the world improve the value of their business data.” After users integrate their SAP business data directly into the Wdesk platform, they can benefit from the full capabilities of Wdesk, including synchronized data, dynamic commentary, controlled collaboration, granular permissio
M-Brain Appoints New CEO24.5.2018 15:25 | Tiedote
M-Brain, a global leader in market and media intelligence solutions, has appointed Christian Cedercreutz Chief Executive Officer as of 13.8.2018. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180524005676/en/ M-Brain, a global leader in market and media intelligence solutions, has appointed Christian Cedercreutz Chief Executive Officer as of 13.8.2018. (Photo: Business Wire) Christian holds a Master of Economics degree from Hanken School of Economics in Helsinki. His career has been built with IBM over the past 20 years, in which he has held various management positions in five different European countries. Christian brings strong consultative selling experience and has over the years worked across the IBM Corporation in roles such as leading global client relationships, and leading SW and HW technology businesses in Finland. His most recent role has been to lead the cognitive SW solutions (Watson) business in Finland. Simu
IBIN Introduced into Billion Dollar Blockchain Market by Hybrid Stock Exchange24.5.2018 15:13 | Tiedote
Hybrid Stock Exchange, a blockchain based trading platform using the released IBIN as a blockshare identifier, are all set to adopt innovative features to sustain the needs of the ever growing industry. Watch the HYBSE trailer here: http://www.hybse.com The International Securities Identification Number (ISIN) is a 12 character code that uniquely identifies a specific security, such as stocks, and is the most popular global securities identifier. With the pre-registration for issuers and users opened, the DIM Ecosystem introduces the International Blockshare Identification Number (IBIN), a 13 digit, unique serial number used by a company for listing on the Hybrid Stock Exchange or other Blockchain Exchanges. Tradable securities on HYBSE currently include Cryptonized equity, Cryptocurrencies, Exchange-traded commodities, index, and more. Any issuers are able to apply for their IBIN at no charge. This limited time offer is available until August 31, 2018 or for the first 75 companies tha
IDEMIA Will Present Its Q1 2018 Financial Results to Investors on May 25, 201824.5.2018 14:33 | Tiedote
IDEMIA, the world leader in Augmented Identity, today announced that it will present its Q1 2018 financial results to investors on Friday May 25, 2018. Didier Lamouche (CEO) and Frédéric Beylier (COO) will be presenting these financial results and taking questions the same day at 1pm CET (12pm London Time / 7am New York Time). For more information, please refer to our website: http://investors.oberthur.com About IDEMIA OT-Morpho is now IDEMIA, the global leader in Augmented Identity, with the ambition to empower citizens and consumers alike to interact, pay, connect, travel and vote in ways that are now possible in a connected environment. Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, we reinvent the way we think, produce, use and protect this asset, whether for individuals or for objects. We ensure privacy and trust as well as guarantee secure, authenticated and verifiable transactions for international clients fro
eLichens Provides Open Access to Its Real-Time and Air Quality Forecast Data to Facilitate the Emergence of Services to Citizens24.5.2018 12:37 | Tiedote
Designer of patented gas sensors and the first comprehensive air quality analysis and prediction platform, eLichens today announced it is providing open data access to its hyper local real-time and air quality forecast data for the city of Grenoble. This will facilitate the development of services to communities, service industries and citizens concerned about the quality of the air they breathe. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180524005521/en/ eLichens has developed a complete platform for smart city applications, based on its dense network of air quality stations and cloud models to measure and predict air quality at a very high precision. https://www.elichens.com/smart-city The high resolution mapping of Grenoble's air pollution published by eLichens is produced from the integration of various parameters: topographic data, real-time road traffic, meteorology of the city of Grenoble, advanced gas dispersion
Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.Tutustu uutishuoneeseemme