The BoD of DHH approved the financial statements 2018

Double-digit growth in sales, robust cash flow generation and strong net financial position with zero non-current financial debt, growing in cash availability despite the investments. Diversified product portfolio thanks to the addition of cloud computing and managed infrastructure businesses Giandomenico Sica, Chairman of the Board of Directors of DHH, commented: “We founded DHH in 2015 with the goal of building the internet platform of the emerging markets of Europe. In these years, we executed 10 cross border acquisitions creating in this way the leading player in the Balkans in the web hosting and cloud computing industry. From zero, we built a group with more than 70 people and 100.000 customers spread across Italy, the Italian Switzerland, Slovenia, Croatia, and Serbia. In these 2 years of being a publicly listed company, we passed from a turnover of 3,96M EUR to 6,3M EUR (+59%) and from an EBITDA of 356k EUR to 534k EUR (+50%). In 2018 we focused on consolidation within the group and commencement of new projects within our current geographies. These new projects include the launch of Croatian “Sysbee” (March 2018), an internal start-up focused on managed infrastructure and venturing into the cloud computing business with the acquisition of Serbian “mCloud” (October 2018). In 2019 our goal is to make our position in the cloud computing industry stronger, growing both organically and through M&A activities. We are looking forward to the next future in front of us, developing our group on the strong belief that - as the African proverb goes – “alone we go faster together we go further”. In the framework of this global multicultural and multilanguage experience that we call DHH, we are strongly committed to building the next generation cloud computing player for the South of the world.”
Protocollo
60071
Comunicato
Azienda
DHH
Tipo
Comunicato
SDIR
SDIRNIS
Lingua
ENG
Data creazione
Data ricezione SDIR
Data embargo SDIR
Data diffusione SDIR
Mercato
Euronext Growth Milan