WIIT gains as German unit wins €3.15 million contract
27/08/2026 09:28
BUZZ-WIIT gains as German unit wins €3.15 million contract ** Shares in Italy's cloud computing company WIIT WIIT.MI rise around 2.5% after its German unit won a €3.15 million ($3.67 million) five-year contract with a major online retailer in the DACH region
** WIIT AG will provide disaster recovery, network services, and service management solutions, after the client's previous provider was unable to deliver adequate service performance, it says
** Brokerage Equita says the contract "of meaningful size" provides visibility on the German subsidiary's return to organic growth in 2027
** Including Thursday's rise, the stock has gained 42.5% YTD, per LSEG data
($1 = 0.8579 euros)
(Reporting by Mirko Miorelli)
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