NOTÍCIAS

Reditus announces appointment of Director and reinforcement of the Executive Committee.

Under the terms and for the purposes of paragraph a) of Article 3. of the CMVM Regulation No. 5/2008 and Article 248. º of the Portuguese Securities Code, Reditus SGPS, SA announces that the Board of Directors, at a meeting held yesterday, proceeded to the cooptation of Mr. Helder Filipe Ribeiro Pereira Matos to replace the Director Mr. Carlos Alberto de Lis Santos Romão, who presented the resignation to the exercise of his duties, as announced in October 2012.

The Board also decided to reinforce the composition of the Executive Committee which shall consist of three elements with the integration of the new Director, who assumes the role of Chief Financial Officer.

The Executive Committee shall then have the following composition: Francisco Santana Ramos, Chief Executive Officer, Carlos Oliveira, Chief Operating Officer and Helder Matos Pereira, Chief Financial Officer

Alfragide, December 6, 2012

The Board of Directors

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Staffing

BENEFITS OF REDITUS STAFFING SERVICES
Through Reditus Staffing services you have access to highly specialized resources with technical skills in various areas, for the development of projects of different complexities and dimensions, in a fast and flexible way.
 
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NOTÍCIAS

Operating Income of Reditus increase by 9.7% in the first nine months of 2012

 

  • Operating Income of € 89.1 million (+ 9.7%)
  • EBITDA of € 8.7 million (+ 84.0%)
  • EBITDA margin of 9.8% (against 5.8%)
  • Net Income of € 218 thousand (against €- 3.9 million)
  • International Sales account for 36% of Turnover

 

1. Summary of Activity
 

The positive and sustained trend of the results of the Reditus Group during the first nine months of 2012 confirm the success of the strategy implemented in 2011, namely the simplification of structures, cost reduction and focus on the upselling of services and internationalisation.

International activity grew by 35.4% and currently represents 36% of total Turnover, compared to 29% over the same period of the previous year. In the domestic market, in spite of the adverse context, Reditus managed to maintain stable activity, with a slight reduction of 0.4%.
 
The Group's operating profitability improved significantly, reflecting the continuous focus on the efficiency of the national and international operations. The Group's EBITDA reached € 8.7 million, during the period of 9M12, an increase of 84.0% compared with the same period of the previous year, equivalent to an EBITDA margin of 9.8% (against 5.8% in the 9M11).
 
The Reditus Group continues its strong focus on the expansion of international activity, particularly in Central Europe, South America and Africa, and strengthening of its integrated offer with the development of new solutions.

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