Wiit S.p.A. Earnings Call Transcripts
Fiscal Year 2025
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Revenue grew 5.9% to €167M with 88% recurring, EBITDA margin rose to 39.8%, and net profit increased 11%. Strong buybacks and a planned sale-leaseback in Germany will fund M&A, while Broadcom changes drive future growth opportunities.
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Revenue grew 9% year-over-year to €125 million, with EBIT up 19.5% and net profit rising 15.9%. Germany led growth, while Italy showed strong margins and double-digit organic growth. Bond refinancing supports future M&A and data center investments.
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Revenue grew 22% year-over-year to €41.1 million, with adjusted EBITDA up 21% and strong recurring revenue. Organic growth is expected at 8-10% in Italy and 4-6% in Germany, supported by a robust sales pipeline and ongoing M&A activity.
Fiscal Year 2024
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Adjusted revenue rose 19.7% to €115M and EBITDA 12.9% to €42.6M, with Germany now over half of group revenue. High single-digit growth is expected in both Italy and Germany for 2025, and the €56M EBITDA consensus for 2024 is seen as achievable.
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Revenue grew 13.4% to EUR 72.7 million and adjusted EBITDA rose 9.3% to EUR 36.7 million, with strong margins in Italy and Germany. Net profit benefited from a one-off gain, and organic growth is expected to reach 8–10% for the year. M&A and a GPU-focused data center are key strategic priorities.