Press releases

H1 2022 Results

PRICE SENSITIVE PRESS RELEASE | Published: 13 September 2022 at 15:16

The Board of Directors of WIIT S.p.A. approves the results as at 30 June 2022

- Continued increase in revenue to Euro 54.3 million (+54.6%) driven by organic growth in Italy and Germany, contract extensions and the acquisition of new customers, as well as the contribution of the German companies acquired in 2021 and ERPTech from Q2 2022
- The German market accounts for 51.8% of the turnover and 48.4% of the Adjusted EBITDA of the WIIT Group
- Adjusted EBITDA of Euro 19.7 million (+38.6%) with a margin of 36.3%, an improvement over the last quarter of 2021 (35%)
- Adjusted net profit equal to Euro 6.1 million, up +41.2%.
- Completion of the acquisition of 100% of the share capital of LANSOL Datacenter GmbH in Germany for Euro 18.1 million
 
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