Reditus Reports Consolidated Earnings Results for the Year Ended December 31, 2016
April 29, 2017
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Reditus reported consolidated earnings results for the year ended December 31, 2016. For the year, the company reported total operating revenues of €44,887,441 compared to €58,438,626, net operating loss of €9,757 compared to net operating income €2,740,187, loss before taxes of €2,892,820 compared to €1,131,768, net loss of €2,900,747 compared to net income of €263,621 and EBITDA of €2,750,745 compared to €6,923,596 for the last year. Net debt as at December 31, 2016 was €59.2 million compared to €65.2 million as at December 31, 2015.
Reditus SGPS, S.A. is a leading Portuguese computing services provider. Net sales break down by activity as follows:
- business process outsourcing services (53.1%): contact center management, telemarketing, customer relationship management, mail processing, document management and archiving, digitization services, loan treatment, etc.;
- integration and management of computer systems (32,1%): deployment of network systems, Internet and security applications, software development, maintenance and training services, computer fleet management, etc.;
- information technology consulting services (14,8%).
Portugal accounts for 76.6% of net sales.
REDITUS SGPS, S.A. 
