Reditus, SGPS, SA Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2017
May 30, 2017
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Reditus, SGPS, SA reported consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company’s sales were EUR 581,833 compared to EUR 364,618 a year ago. Net operating income was EUR 690,469 compared to EUR 1,344,361 a year ago. Income before taxes was EUR 194,722 compared to EUR 841,308 a year ago. Net income was EUR 109,356 compared to EUR 197,207 a year ago. EBITDA was EUR 1,298,531 compared to EUR 1,964,208 a year ago. Net debt was EUR 61.0 million compared to EUR 59.2 million a year ago.
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. 
