- Revenues at Euro 64.2 million +18.2% vs H1 2022 (Euro 54.3 million) driven by organic growth in Italy and Germany and the acquisition of new customers
- Group recurring revenues at 85%
- Recurring Revenues in Italy at 82% of the total, Core revenues up +19,7% on H1 2022
- German market at 55.4% of the total turnover
- Adjusted EBITDA at Euro 24.3 million +23.4% vs H1 2022 (Euro 19.7 million), up more than proportionally to sales thanks to cost synergies and the development of higher value-added services
- German market at 48.2% of Group Adjusted EBITDA
- Revenue margin at 37.9% in H1 2023 (36,3% in H1 2022) led, in particular, by Italy at 45.3% in the second quarter of the year registering a significant improvement compared to the results as at 31 March 2023 (40.8%)
- Adjusted EBIT of Euro 13.4 million +29.4% vs H1 2022 (Euro 10.3 million) at 20.9% of revenues
- Commercial pipeline in significant progress in sectors as Pharma, Professional Services and Retail where the Group is increasing its market share
Press releases
H1 2023 Results
Published: 02 August 2023 at 12:20
The Board of Directors of WIIT S.p.A. approves the consolidated results as at 30 June 2023