REPLY SPA: insider trades · Italy · Consob

About REPLY SPA

Reply S.p.A. is an Italian technology and digital consulting group listed on Borsa Italiana (FTSE MIB) under the ticker REY.MI. The company is widely regarded as one of the leading Italian providers of information system consulting, with a network-based operating model built around highly specialized businesses. Its headquarters are in Turin, Italy, and its origins date back to 1996, when it was founded by a group of IT executives led by Mario Rizzante. Over time, Reply has evolved from a domestic Italian IT services player into a diversified European technology platform with a meaningful international footprint. ([borsaitaliana.it](https://www.borsaitaliana.it/borsa/azioni/profilo-societa-dettaglio.html?isin=IT0005282865&lang=en)) Reply’s business model is centered on two main activity areas: consulting, systems integration and infrastructure management services; and subcontracting services, as described by Borsa Italiana. In practical terms, the group positions itself as a digital transformation partner rather than a pure software vendor. Its service portfolio spans artificial intelligence, cloud computing, data platforms, digital media, Internet of Things, automation and cybersecurity. The company works across a broad set of end markets, including telecom and media, industry, services, banking, insurance and the public sector. That breadth gives Reply resilience and allows it to cross-sell solutions across multiple verticals, while also reflecting the competitive nature of the European technology consulting market. ([reply.com](https://www.reply.com/en/newsroom/financial-news/the-board-of-directors-approved-the-draft-financial-statements-for-the-year-2025)) Geographically, Reply is well diversified. Borsa Italiana reports that net sales are generated mainly in Italy, but also materially in Germany, the United Kingdom, the United States, France, Luxembourg, Switzerland, Belgium and Brazil. This international spread is important for investors because it reduces reliance on a single economy and supports the group’s position as a multinational technology services provider rooted in Italy. ([borsaitaliana.it](https://www.borsaitaliana.it/borsa/azioni/profilo-societa-dettaglio.html?isin=IT0005282865&lang=en)) Recent news points to continued operational momentum. In March 2026, Reply announced full-year 2025 results showing consolidated turnover of €2,483.6 million, EBITDA of €467.6 million and net profit of €250.9 million, alongside a proposed dividend of €1.35 per share. In April 2026, shareholders approved the 2025 financial statements and the dividend distribution. Management also highlighted the industrialization of artificial intelligence across client processes and said recent partnerships with leading large-language-model providers strengthen the group’s offering in AI-driven business applications. For investors in Italy’s Borsa Italiana (FTSE MIB), Reply therefore combines a domestic heritage with international reach and a clear strategic emphasis on AI-enabled digital transformation. ([reply.com](https://www.reply.com/en/newsroom/financial-news/the-board-of-directors-approved-the-draft-financial-statements-for-the-year-2025))