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    Home > Finance > Italy's Wiit posts 19.5% rise in nine-month adjusted core profit
    Finance

    Italy's Wiit posts 19.5% rise in nine-month adjusted core profit

    Published by Global Banking & Finance Review®

    Posted on November 13, 2025

    1 min read

    Last updated: January 21, 2026

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    Tags:financial managementcorporate strategyInvestment opportunities

    Quick Summary

    Wiit reports a 19.5% rise in nine-month core profit, reaching 50.9 million euros. The company continues to explore M&A opportunities, with Germany as a key expansion market.

    Table of Contents

    • Wiit's Financial Performance and Market Strategy
    • Growth in Adjusted EBITDA
    • Expansion Plans in Germany
    • M&A Opportunities

    Italy's Wiit posts 19.5% rise in nine-month adjusted core profit

    Wiit's Financial Performance and Market Strategy

    (Reuters) -Italian cloud computing and cybersecurity service provider Wiit posted on Thursday a 19.5% rise in its nine-month adjusted core profit (EBITDA) to 50.9 million euros ($59.4 million).

    Growth in Adjusted EBITDA

    The company also said in a statement it continues to pursue M&A opportunities, adding that the German market remains a key area for the group's expansion in Europe.

    Expansion Plans in Germany

    ($1 = 0.8575 euros)

    M&A Opportunities

    (Reporting by Laura Contemori; Editing by)

    Key Takeaways

    • •Wiit reports a 19.5% rise in nine-month adjusted core profit.
    • •The company's EBITDA reached 50.9 million euros.
    • •Wiit is pursuing M&A opportunities for growth.
    • •Germany remains a key market for Wiit's expansion.
    • •Wiit focuses on cloud computing and cybersecurity.

    Frequently Asked Questions about Italy's Wiit posts 19.5% rise in nine-month adjusted core profit

    1What is adjusted core profit?

    Adjusted core profit, often referred to as EBITDA, is a financial metric that measures a company's earnings before interest, taxes, depreciation, and amortization. It provides a clearer view of operational performance by excluding non-operational expenses.

    2What are M&A opportunities?

    M&A opportunities refer to potential mergers and acquisitions, where companies consider combining operations or acquiring other businesses to enhance growth, market share, or operational efficiencies.

    3What is EBITDA?

    EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure used to analyze a company's operating performance and profitability without the impact of financial and accounting decisions.

    4What is market expansion?

    Market expansion refers to strategies employed by a company to increase its market share or enter new markets, often through geographic growth, product diversification, or mergers and acquisitions.

    5What is the significance of the German market for companies?

    The German market is significant for companies due to its strong economy, advanced infrastructure, and high consumer purchasing power, making it an attractive destination for expansion and investment.

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