We see digital transformation as the key to dynamic and sustainable growth

We see digital transformation as the key to dynamic and sustainable growth

The BoD of WIIT S.p.A. approves the consolidated FY 2024 Results
"2024 was another year of strong organic growth to which we added intensive M&A activity with three completed acquisitions, including two in Germany and one in Switzerland, entering a new market. The backlog as of 1 January reached a record value of almost Euro 250 million and gives us great visibility on the numbers for 2025”. Commented Alessandro Cozzi, CEO of WIIT

News

WIIT's growth in Germany continues further: Extension and renewal of a contract worth Euro 9.0 million signed by WIIT AG including the upselling for Euro 3.0 million to expand the scope of existing Cloud services to the new WIIT Cloud Native Platform (WCN

"I am particularly proud of this first significant success achieved by our Cloud Native Platform, preferred by the customer over American hyperscalers." Said Alessandro Cozzi, the CEO of WIIT.

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WIIT's growth in Germany continues further: Extension and renewal of a contract worth Euro 9.0 million signed by WIIT AG including the upselling for Euro 3.0 million to expand the scope of existing Cloud services to the new WIIT Cloud Native Platform (WCN

ASPIRATION AND STRATEGY

Making service excellence a business asset

WIIT enables companies to transform IT into a strategic department for growth, with the objective of containing costs, optimizing resources and improving performance, and a clear mission: to make service excellence an asset for the business that finds its clearest expression in the Group's claim "The Premium Cloud".

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HIGHLIGHTS

Amounts in Euro millions at 31 December 2024 (ex IFRS16)
Adjusted Revenues
158.6
Adjusted Revenues
Adjusted EBITDA (EBITDA Margin 36.6%)
58.0
Adjusted EBITDA (EBITDA Margin 36.6%)
 Group Net Profit Reported
9.3
Group Net Profit Reported
Adjusted Net Financial Position (Debt)
-163.0
Adjusted Net Financial Position (Debt)