REPLY Announces Strong Financial Performance in 2023 and Declares Dividend

Reply S.p.A. presented its draft financial statements for 2023, revealing a year of solid financial growth. The technology firm reported a consolidated turnover of €2,118.0 million, marking a 12.0% increase from 2022's €1,891.1 million. This growth is attributed to Reply's strategic focus on artificial intelligence and digital transformation.

EBITDA rose to €352.1 million from €340.3 million in the previous year, and EBIT increased to €292.7 million, up from €285.5 million in 2022. Despite a slight decrease in net profit from €191.0 million in 2022 to €186.7 million, the company's overall financial health improved, with a positive net financial position of €204.9 million at the year's end.

Following these results, the Board proposed a €1 per share dividend, pending approval at the Shareholders' Meeting. Reply's chairman, Mario Rizzante, highlighted 2023 as a transformative year, emphasizing the company's leadership in artificial intelligence solutions. Rizzante attributed this success to investments in AI since 2017, setting a foundation for future growth in the merging realms of automation, AI, and digital technology.