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 9M 2024 Results
“The results for the first nine months of the year have exceeded our expectations in both Italy and Germany across all economic and financial indicators”. Commented Alessandro Cozzi, CEO of WIIT

News

WIIT acquires 100% of 'Michgehl & Partner' and further consolidates its presence in Germany The transaction is worth approximately Euro 5.4 million and synergies are expected to reach Euro 1.0 million

The Chief Executive Officer, Alessandro Cozzi and Francesco Baroncelli, Chief M&A Officer of WIIT commented: "With this new acquisition, we take a further strategic step in our consolidation plan for the DACH region"

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WIIT acquires 100% of 'Michgehl & Partner'  and further consolidates its presence in Germany  The transaction is worth approximately Euro 5.4 million  and synergies are expected to reach Euro 1.0 million

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 2023 (ex IFRS16)
Revenue
130.1
Revenue
Adjusted EBITDA (EBITDA Margin 39,0%)
50.8
Adjusted EBITDA (EBITDA Margin 39,0%)
Adjusted Group Net Profit
15.1
Adjusted Group Net Profit
Adjusted Net Financial Position (Debt)
-154.2
Adjusted Net Financial Position (Debt)