Reditus, Sociedade Gestora De Participações Sociais, S.A. Reports Consolidated Earnings Results for the Period Ended December 31, 2017
April 29, 2018
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Reditus, Sociedade Gestora de Participações Sociais, S.A. reported consolidated earnings results for the period ended December 31, 2017. For the period, the company reported total operating revenues of EUR 42,047,375 as compared to EUR 44,887,441 for the same period last year. Net Operating Income was EUR 1,136,095 as compared to loss of EUR 9,757 for the same period last year. Loss before taxes was EUR 2,082,159 as compared to EUR 2,892,820 for the same period last year. Loss from continued operations was EUR 1,595,931 as compared to EUR 2,706,287 for the same period last year. Net loss was EUR 1,595,931 as compared to EUR 2,900,747 for the same period last year. EBITDA was EUR 4,867,248 as compared to EUR 2,750,745 for the same period last year.
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.