Reply stock falls 2.42 percent as FTSE exit reshapes demand

Published on 09/30/2026 at 17:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Reply stock posted EUR 1,311.90 million in first-half 2026 revenue, up 7.40 percent year over year. FTSE All-World removal changes the ownership mix.

Modernes Großraumbüro mit IT-Beratern an Monitoren, Skyline im Hintergrund — Fotorealistisches Bild zeigt IT-Beratungsbüro von Reply S.p.A., ISIN IT0005282865, mit Beratern an Dashboards, Illustration mit AI erstellt.

Reply (ISIN IT0005282865) was trading at EUR 115.05 at Lang & Schwarz on September 30, 2026 at 5:03 p.m. CEST, down 2.42 percent from the prior close of EUR 117.90. The immediate market backdrop is the company's removal from the FTSE All-World Index in September, a change that can alter institutional ownership and create technical selling pressure, according to Simply Wall St.

First-half revenue reached EUR 1.31 billion

Reply's operating figures provide a stronger fundamental counterpoint to the index-related trading pressure. In the first half of 2026, the group reported consolidated revenue of EUR 1,311.90 million, up 7.40 percent from EUR 1,221.30 million in the first half of 2025, according to Business Wire on July 30, 2026.

EBITDA rose to EUR 233.20 million from EUR 223.70 million, producing an EBITDA margin of 17.80 percent. EBIT was EUR 189.70 million, equal to a 14.50 percent margin, while pre-tax profit increased to EUR 194.10 million from EUR 179.40 million in the prior-year period, the same release said.

AI investment supports the business model

Reply operates through a network of specialized companies offering consulting, system integration and digital services. Its first-half release linked the growth strategy to artificial intelligence, cloud computing, digital media and the Internet of Things, with customers across telecom, industry, financial services and public administration.

The second quarter supplied the sharper growth comparison. Revenue reached EUR 667.00 million, up 8.70 percent year over year, while quarterly EBITDA was EUR 121.20 million and EBIT was EUR 94.60 million, according to Business Wire.

Analyst target remains above the share price

As of September 21, 2026, MarketScreener listed a Buy consensus from 11 analysts and an average target price of EUR 153.36. That reference is materially above the Lang & Schwarz price, but the index change adds a separate ownership factor to the short-term trading picture.

Reply stock trades below its yearly high

Reply's quoted 52-week range was EUR 76.65 to EUR 129.00 on September 9, 2026, with a market value of EUR 4.41 billion, according to a dated market overview from Barron's. The next scheduled company checkpoint is the consolidated third-quarter 2026 report on November 12, 2026, listed on Reply's investor calendar.