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.