Reply (company) explained

Reply S.p.A.
Revenue: €2.12 billion (2023)
Num Employees: 14,798 (2023)
Foundation:1996
Subsid:Reply Deutschland SE, Reply Inc.

Reply is a global company, headquartered in Italy, that specialises in consulting, system integration and digital services, with a focus on the design and implementation of solutions based on the web and social networks.

Reply's revenue increased from €33.3 million in 2000, the year the company was listed[1] on the STAR segment of the Italian Stock Exchange (Borsa Italiana), to €2.12 billion and 15,000 employees in 2023.[2]

History

Founded in 1996 in Turin by a group of IT managers led by Mario Rizzante[3] the company uses a network model, consisting of dozens of companies (controlled by a parent company and each focused on a specific business) operating in various sectors such as big data, cloud computing, digital media and internet of things.

Since 2006, the year in which the leadership of the company passes to Tatiana Rizzante, daughter of Mario, the company has expanded in Europe, in particular in England, Germany, the Benelux and France. Tatiana's brother Filippo is the chief technology officer. In 2013 Mario Rizzante was nominated Cavaliere del Lavoro.[4]

Turnover increased from 33.3 million euros in 2000, the year of listing on the Star segment of Borsa Italiana, to 884 million euros in 2017.[5]

According to Forbes, in 2004 it was among the top 25 Italian companies with the highest growth rate.[6]

Sectors

Thanks to the companies of its network, Reply operates in the following sectors:

Corporate structure

Tatiana Rizzante and her brother Filippo own a 12.91% stake each in Alika, the holding company that owns 53.5% of Reply. In October 2017, the controlling stake in the holding was dropped to 45.1%.[7]

External links

Notes and References

  1. News: Azioni Reply – Quotazioni REY e Titoli borsa Il Sole 24 Ore. Il Sole 24 ORE. 17 November 2016.
  2. Web site: Reply Annual Financial Report 2023.
  3. Web site: The lady of software wants young people in the company . 4 August 2017 . 27 November 2017.
  4. Il Sole 24 Ore , 15 October 2013.
  5. Web site: EmployeeProfile . Reply.
  6. Il Sole 24 Ore , 1 June 2017.
  7. Web site: Reply, Rizzante sells 7.7% stock in sharp decline . 3 October 2017 . 6 November 2017.