WIIT S.p.A. Sees Revenue Surge Amid Growth in Europe

WIIT SpA (IT:WIIT) has released an update.

WIIT S.p.A. reported strong financial results for the first nine months of 2024, with adjusted revenue increasing by 19.7% to €115.2 million, driven by growth in Germany and Italy. The company also saw a 12.9% rise in adjusted EBITDA and a 50.2% jump in reported net profit, indicating successful integration of recent acquisitions and a promising commercial pipeline. CEO Alessandro Cozzi highlighted improved margins and future growth prospects in the cloud computing services market.

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