NOTÍCIAS

Reditus distinguished as IBM Best Services Partner

Reditus was considered by IBM Portugal as the best partner for services in 2012. The award was presented during this year's National Conference for IBM Business Partners.

For Francisco Ramos Santana, CEO of Reditus, "This recognition demonstrates the success of the Reditus’ strategy in strengthening partnerships with the most important manufacturers, reinforcing its skills in order to add value to the solutions and projects in which it is involved."
 
"On the other hand, being a partner of IBM, allows Reditus to offer its customers services of excellence in its technological platforms and is therefore capable of responding to the challenges of the most demanding customers," added Francisco Santana Ramos.
 
With this recognition, Reditus continues to deepen the partnership with IBM that in the recent past has attributed to Reditus the award of "Rookie of the year 2011".

NOTÍCIAS

Closing bell in the Lisbon Stock Exchange Reditus, in honor of Reditus

To mark the 25th anniversary of the Reditu's presence in the Lisbon Stock Exchange, Euronext Lisbon organized, on the 4th of April 2013, a special session of the "Closing the Bell" in honor of the oldest Portuguese technological Company.

The traditional ceremonial was recovered in 2010 by the Lisbon Stock Exchange, after a gap of almost 24 years. This tradition, common in other markets, like New York, only takes place in Lisbon Stock Exchange on special occasions in order to commemorate certain events, such as new entries, anniversaries of listed companies - as it was the case of Reditus - or other related to social responsibility.

Reditus was represented in the ceremony by its Executive Committee, Francisco Santana Ramos, President and CEO, Helder Matos Pereira, CFO and Carlos Duarte Oliveira, COO among several shareholders, who also wanted to take part in this historic moment.

This initiative coincided with the presentation of the Reditus’ results for the year 2012, which were also presented in the Lisbon Stock Exchange auditorium.

 

NOTÍCIAS

Operating Revenue for Reditus Up 16.2% in 2012

  • Operating Revenue of 128 million euros (+16.2%)
  • EBITDA of 16.1 million euros (vs. 2.8 million euros)
  • EBITDA Margin 12.5% (vs. 2.6%)
  • Net Result of 280 mil euros (vs. negative 13.9 million euros)
  • International Sales increase by 47.9%, representing 39% of the Revenue

 

1. Summary of Activity
 

In 2012, Reditus increased its profitability and strengthened its position on the international market. At the same time, it recorded growth in the domestic market, despite the extremely difficult and negative economicenvironment.

The Operating Revenue reached 128 million euros, a 16.6% increase over the previous year, reflecting the 47.9% rise in international business, which represented 39% of the Group’s overall activity.
 
This performance on the international level and the results obtained through the operating efficiency plan resulted in significantly higher growth of the EBITDA, which was 16.1 million euros, representing a margin of 12.5%.
 
During the course of 2012, Reditus remained focused on the expansion of its international operations. This involved the development of projects in countries where the company is physically present, as well as the export of services and products from Portugal. This international performance constitutes one of the most important catalysts for growth and consequently for the creation of value for the Group.
 
This emphasis on services and products with a difference continued to be a priority for the Reditus Group, given its important role in the pursuit of sustainable growth. This is especially true in an adverse economic environment, which demands higher competitiveness in the offer of products and services and, at the same time, requires greater efficiency in their execution.

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NOTÍCIAS

Agility Awards distinguish projects developed by Reditus

PORDATA Portal for Municipalities for the Foundation Francisco Manuel dos Santos and the new Integrated Process Management and Monitoring System for the Portuguese Competition Authority.

Reditus has been distinguished by Agility Awards, award created by Outsystems, for the development of PORDATA portal for Municipalities for the Foundation Manuel Francisco dos Santos. This platform, accesses information from more than 308 organizations from mainland Portugal and the Autonomous Regions, contributing to a better understanding of the country in a regional perspective.

Technically, the solution was created as part of the portal PORDATA with specific capabilities and back office pages/content. This portal was innovative in terms the of the integration with the geographic data system allowing the view of all indicators in map mode. With PORDATA Municipalities, the display environment / query and its operations were completely restructured.

With applications from over the world, the Agility Awards were created in 2009 by OutSystems aiming to reward and recognize projects developed with the best practices of the agile methodologies, ensuring real and measurable benefits for businesses and organizations.

The PORDATA database is managed by the Foundation Francisco Manuel dos Santos and contains accurate and independent statistics from Portuguese and European official and certified sources. The database is structured by various themes, with the information coming from more than 60 government agencies, like the National Institute of Statistics or Eurostat. It is free and available to all citizens.

Susana Norton, Business Manager of Francisco Manuel dos Santos Foundation notes that "The PORDATA is to become a reference site for its simple and rigorous way of displaying data. The growing number of requests for official organizations demonstrates the interest in these services for information dissemination. The launch of the new Municipalities database in PORDATA increased the number of visits to the portal, fulfilling one of the main goals of the project. "

"The use of agile methodologies, as well as its own Agile Platform was crucial to respond quickly to all expectations. It was possible to design, implement and readjust the requirements without compromising the project objectives. The cost/risk of the knowledge transfer between teams who worked on the project was mitigated, something that couldn’t be possible, just as easily, with other technologies, "said Carlos Fatelo, Manager, Reditus.

New centralized process management platform

The second project developed by Reditus to be recognized by the Agility Awards, is the platform SIGAP - Integrated Process Management and Monitoring System, which allows the Portuguese Competition Authority to provide a work centralized environment for processes and documents support management. The application provides an integrated view of key business processes, improving management capacity throughout the organization.

In this first delivery, the SIGAP application will manage key processes, including Complaints analysis, Restrictive Trade Practices and Restrictive Practices relating to Competition.

"The SIGAP project met all its goals, enhancing agility in managing processes, reducing the time to resolution and giving greater control over key areas. Moreover, it represents an important step to automate workflows and increase efficiency of the Portuguese Competition Authority "refers Francisco Marques, Head of the IT Department of the Portuguese Competition Authority.

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