Overview
Italy-based private cloud provider's 2025 adjusted revenue rose 5.9% yr/yr on organic growth
Adjusted EBITDA for 2025 up 15.2%, with margin expansion from cost synergies and acquisitions
Company to cancel 1.68 mln treasury shares, about 6% of share capital, to boost EPS
Outlook
WIIT sees 2025 adjusted revenue at EUR 167.9 mln, up 5.9% vs 2024
Company expects 2025 ARR revenue of EUR 136.6 mln, up 7.9% vs 2024
WIIT projects 2025 adjusted EBITDA at EUR 66.9 mln, up 15.2% vs 2024
Result Drivers
ORGANIC GROWTH - Revenue growth driven by organic expansion in Italy and Germany
COST SYNERGIES & ACQUISITIONS - Margin expansion attributed to cost synergies from acquired companies and ongoing improvement in the margin of acquires
PORTFOLIO SHIFT - Strategic focus on higher value-added and higher-margin contracts in Italy and Germany
Company press release: ID:nBIAmB2Nr
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Adjusted EBITDA
EUR 66.90 mln
FY Adjusted EBIT
EUR 34.10 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Wiit SpA is €26.20, about 6.4% below its March 10 closing price of €28.00
The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 28 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)