Informazione
Regolamentata n.
20101-51-2026Data/Ora Inizio Diffusione 4 Agosto 2026 13:01:10Euronext Star Milan
Societa' :WIIT
Utenza - referente :WIITNSS01 - Pasotto Stefano
Tipologia :1.2
Data/Ora Ricezione :4 Agosto 2026 13:01:10 Data/Ora Inizio Diffusione :4 Agosto 2026 13:01:10 Oggetto :WIIT_H1 2026 Results Testo del comunicato
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PRESS RELEASE Board of Directors of WIIT, the European Private Cloud Compu<ng leader, approves the H1 2026 consolidated results: strong margin expansion and Adjusted EBITDA and Adjusted EBIT growth, net of one-<me items The WIIT Group in H1 2026 reports1: • Adjusted Revenues of Euro 81.8 million, contrac9ng 4.1% on H1 2025 (Euro 85.3 million) and 1.8% excluding a one-9me posi9ve item of Euro 2.0 million2 recognized in H1 2025 (on a comparable basis Euro 83.3 million). Revenues from resales reduced further in the first half of the year to support margin growth • Group Reported ARR revenues of Euro 68.8 million, +0.8% vs H1 2025 (Euro 68.2 million), 91.8% of total revenues3, up on the same period of the previous year (87%) and on Q1 2026 (90.9%), confirming the solidity of the recurring model. ARR revenue con9nues to grow in Italy, up 6.8% in the first half of 2026 (91.2% of total revenue) • Adjusted EBITDA of Euro 34.2 million, slightly reducing on Euro 34.8 million in H1 2025 (-1.55%), +4.5% excluding a one-9me posi9ve item of Euro 2.0 million recognized in H1 2025 (on a comparable basis Euro 32.8 million). Margin at 41.8% (+100 bps vs 40.8%, +250 bps vs 39.3% excluding the one-9me item in H1 2025) thanks to the further strengthening of profitability in Italy to 54.8%, cost synergies from the integra9on of the acquired companies and the resul9ng improvement in profitability in Switzerland to 19.7% (13.3% in H1 2025), revenue streamlining and ini9a9ves to reduce churn • Adjusted EBIT of Euro 18.4 million, essen9ally in line with H1 2025 (Euro 18.5 million), +11.7% net of a posi9ve one-9me item of Euro 2.0 million recognized in H1 2025 (comparable basis Euro 16.5 million), margin at 22.5% (+90 bps vs 21.6%, +270 bps vs 19.8% net of the one-9me item in H1 2025) • Adjusted Net Profit of Euro 7.9 million, compared with Euro 10.0 million in the first half of 2025, essen9ally in line with the same period of the previous year, excluding the one-9me posi9ve item men9oned above (on a comparable basis Euro 8.0 million). The H1 2026 results were also impacted by higher financial expenses of Euro 2.4 million related to the new Euro 215 million bond issued in October 2025 1 For the defini,ons of the alterna,ve performance measures (including EBITDA, Adjusted EBITDA, EBIT, Adjusted EBIT, Net Financial Posi,on/Net Financial Debt and Adjusted Net Financial Debt, Adjusted Net Profit), reference should be made to the “Alterna,ve performance measures” at the end of this Press Release. 2 The comparison with H1 2025 reflects the recogni,on in the compara,ve period of a one-,me gain of approximately Euro 2 million, resul,ng from the absence of the obliga,on to pay a variable component of the addi,onal considera,on established in connec,on with a previous acquisi,on in Germany. 3 ARR reported: H1 2026 revenues from recurring services of the companies opera,ng in the Cloud and Cyber Security market in Italy (WIIT S.p.A.), Germany (WIIT AG, exc. Gecko) and Switzerland (Econis AG), excluding the consul,ng company Gecko.
• Adjusted Net Financial Posi9on (debt) of Euro -173.6 million4 (Euro -156.2 million at December 31, 2025, including treasury shares canceled in May 2026, represen9ng 6% of the share capital). H1 2026 figure comparable to December 31, 2025 (Euro -115.7 million) • Total CAPEX in the first half of the year to Euro 14.9 million, of which Cash Capex amounted to Euro 9.1 million, fell sharply compared to Euro 20.1 million and Euro 13.1 million respec9vely in H1 2025, confirming the scalability of the business model and the u9liza9on of available data center capacity, which currently stands at approximately 50% of the total *** Milan, August 4, 2026 – The Board of Directors of WIIT S.p.A (“WIIT” or the “company”; ISIN IT0005440893; WIIT.MI), a leading European player in the Cloud CompuNng market of enterprises demanding uninterrupted Private and Hybrid Cloud services for criNcal applicaNons, meeNng today approved the consolidated results at June 30, 2026 of the Group headed by WIIT (the “WIIT Group” or the “Group”), drawn up as per IFRS. *** "The first half of 2026 confirms the robustness of our model in the markets in which we operate: organic growth con=nues in Italy, while in Germany we are recovering the extraordinary churn, further consolida=ng our interna=onal posi=oning in mission-cri=cal cloud services. Excluding the one-=me Euro 2 million contribu=on benefiGng the first half of 2025, the Group’s revenues remained essen=ally stable, while EBITDA and, in par=cular Adjusted EBIT, grew by 4.5% and 11.7% respec=vely. This result, combined with improved margins, demonstrates the scalability of our model and our ability to generate value through the opera=onal efficiency and synergies derived from the scope”. Alessandro Cozzi, CEO of WIIT, states: “Our sales pipeline in Italy is growing rapidly, while we expect to finalize addi=onal contracts over the coming months, thanks in part to new partnerships and distribu=on channels. In Germany, we completed the migra=on of a large account - WIIT AG’s first successful project on a highly cri=cal infrastructure - carried out by a fully integrated Italian-German team. In Switzerland, two years aXer entering the market, we have begun the rebranding to WIIT Schweiz, and we will open our headquarters in Zurich in September. Finally, regarding M&A’s, we are ac=vely assessing two acquisi=ons in Switzerland to further consolidate our presence”. *** WIIT Group H1 2026 Opera<ng Performance Adjusted Revenues Euro 81.8 million (Euro 30.3 million in Italy, Euro 43.3 million in Germany and Euro 8.2 million in Switzerland) vs Euro 85.3 million in H1 2025, contracNng 4.1% and 1.8% compared to Euro 83.3 million, on a comparable basis net of the one-Nme posiNve item of Euro 2.0 million recognized in H1 2025. 4 Excluding the IFRS16 effect of Euro 16.5 million (Euro 12.4 million in FY 2025) and including the valua,on of treasury shares in por`olio quan,fied at approximately Euro 58.7 million at market value as of June 30, 2026 (market value as of December 31, 2025 of Euro 56.1 million).
Reported ARR revenue conNnued to grow by 0.8% compared to the first half of 2025, broken down as follows: • Italy: Euro 29.0 million, accounNng for 91.2% (90.3% in H1 2025) of total revenues, increasing 6.8%; • Germany: Euro 33.2 million, accounNng for 95.1% (91.8% in H1 2025) of total revenues excluding Gecko, contracNng 3.4%; • Switzerland: Euro 6.6 million, accounNng for 80.4% (61.3% in the first half of 2025) of total revenue, a decrease of 1.8%. The churn is mainly abributable to a strategic decision in Italy and Germany to focus the porcolio on higher value-added and higher-margin contracts, consistent with the premium posiNoning of the offering. Most of the extraordinary churn in Germany, amounNng to approximately 7 million and occurring in 2025, impacts on the 2026 financial results. Adjusted personnel costs approximately Euro 21.5 million, with a significant decrease of Euro 3.1 million compared to the same period of the previous year. This movement is consistent with the rationalization, efficiency and optimization initiatives undertaken by the Group in Italy, Germany and Switzerland as it continues its business development activities. Adjusted EBITDA Euro 34.2 million, down slightly on H1 2025 (Euro 34.8 million, -1.55%); up 4.5% on Euro 32.8 million, on a comparable basis net of a one-time positive item of Euro 2.0 million recognized in H1 2025. Revenue margin at 41.8% (40.8% in H1 2025, 39.3% excluding the one-time item in H1 2025), up significantly thanks to the focus on cloud services, the level of optimization achieved in the organization of processes and operational services, cost synergies and the continued improvement in the margins of the acquired companies, in addition the measures implemented to reduce churn and streamline revenue. In H1 2026, the WIIT Group's margin in Italy was 54.8% (53.5% in H1 2025), in Germany 36.9% (39.3% in H1 2025, 36.5% net of the one-time item in H1 2025), in Switzerland 19.7% (13.3% in H1 2025). WIIT AG's margin (excluding Gecko) is 39.2% (42.1% in H1 2025, 38.8% net of the one-time item in H1 2025), thanks to the ever-greater focus on higher added-value services. The adjustment to H1 2026 EBITDA concerns the effects of the scouting for M&As, amounting to Euro 0.4 million, the costs related to the financial instrument-based incentive plans of Euro 0.3 million, personnel reorganization costs of approximately Euro 0.2 million and other non-recurring costs of Euro 0.4 million.
Adjusted EBIT (Net Operating Margin) Euro 18.4 million, essentially in line with H1 2025 (Euro 18.5 million), up 11.7% from Euro 16.5 million, on a comparable basis net of the aforementioned one-time item in H1 2025. Amortization, depreciation and write-downs amounted to approximately Euro 15.8 million, decreasing approximately Euro 0.5 million on the same period of the previous year, further highlighting the progressive streamlining of the cost structure and thanks to a gradual reduction in capex over the final quarters of 2025. The adjustment to EBIT in H1 2026 concerns the aforementioned EBITDA adjustments and the value of amortization and depreciation concerning the PPA (Purchase Price Allocation) for acquisitions for Euro 2.5 million. Financial Income and Expenses net expenses of Euro -6.7 million, increasing Euro 2.4 million on the previous year. This mainly relates to interest on bonds of Euro 6.8 million, increasing on H1 2025 due to the issuance of a new bond in October 2025 for Euro 215 million, net of financial income of Euro 2.5 million. Financial expenses related to bank loans and other lenders of approximately Euro 2.4 million are also considered. Adjusted Net Profit Euro 7.9 million vs Euro 10.0 million in H1 2025, essentially in line with the same period of the previous year (Euro 8.0 million) on a comparable basis, net of the aforementioned one-time item in H1 2025, including the tax effect calculated on the adjustments to consolidated EBIT The increase in financial expenses of Euro 2.4 million offset the benefits of the growth in operating profitability. WIIT Group Equity and Financial Performance Analysis at June 30, 2026 Net Financial Position (debt) Euro -248.9 million as of June 30, 2026 (Euro -224.8 million as of December 31, 2025), taking into account the IFRS 16 impact of approximately Euro 16.5 million (Euro 12.4 million as of December 31, 2025) and excluding the valuation of treasury shares in portfolio (6.5% of the share capital) quantified as approximately Euro 58.7 million at the market value as of June 30, 2026 (market value as of December 31, 2025 equal to Euro 56.1 million, 9.9% of the share capital). It should be noted that the number of treasury shares used to calculate the value as of June 30, 2026 already reflects the cancellation of 6% of the share capital in May 2026: on a comparable basis not considering this cancellation, the adjusted net financial position as of June 30, 2026 would have been Euro -115.7 million. This movement includes, in particular: • the purchase/sale of treasury shares for Euro 16.6 million;
• dividends paid of Euro 7.4 million; • investments (CAPEX) of approximately Euro 14.9 million (Euro 20.5 million in H1 2025), of which: o Euro 9.1 million cash capex (Euro 13.1 million in H1 2025); related to the maintenance of exisNng infrastructure and the purchase of IT infrastructure related to new contracts signed during the year both in Italy and overseas; o Euro 5.8 million, mainly related to lease, colocation and car rental charges; In H1 2026, cash flows were generated from opera9ng ac9vi9es of Euro 20.2 million (Euro 19.1 million in H1 2025). Cash and cash equivalents at June 30, 2026 amounted to Euro 62.0 million, decreasing Euro 1.7 million on December 31, 2025. As of 30 June 2026, the Company held 1,701,325 treasury shares in porfolio, equal to 6.46% of the share capital. *** Within the preparaNon of the consolidated financial statements as of June 30, 2026, it was noted that the Company, on a standalone basis, had shareholders’ equity of approximately Euro 138 thousand, which was more than one-third less than the share capital (amounNng to Euro 2,802,066.00), due to the accounNng treatment of treasury shares held in the porcolio despite a profit for the period of Euro 6.5 million. The Board of Directors noted, however, that as of the date of approval of the consolidated half-year financial report, the Company’s shareholders’ equity exceeded its share capital, primarily due to the recogniNon of the effects of the allocaNon of treasury shares in connecNon with the exercise of opNons by the beneficiaries of the “2021–2026 Stock OpNon Plan”. The Board of Directors also noted that, although the treasury shares fall within the limits of available reserves and distributable earnings as of July 31, 2026, such treasury shares exceed the available reserves and distributable profits as of December 31, 2025, pursuant to ArNcle 2. 2357 of the Italian Civil Code. Therefore, the Company intends to proceed, in accordance with law, with the disposal of a limited number of treasury shares sufficient to ensure compliance with the aforemenNoned provision. Please note that, as of 31 July 2026, the Company holds 1,436,967 treasury shares in porcolio, equal to 5.46% of the share capital, for a total value of Euro 40.235 million based on the market price as of 31 July 2026. *** Significant events in the first half of 2026 On February 5, WIIT announced that it has been confirmed and selected as one of the few European partners to parNcipate in the Broadcom Advantage Partner Program, a private program with invitaNon-only access, which allows WIIT to operate as an Authorized VMware Cloud Service Provider (VCSP). This recogniNon can be abributed to the
Group's solid growth over the past five years and tesNfies to the effecNveness of the strategic investments made in data center infrastructure and the development of technological experNse. VCSP partners are known for their deep experNse in VMware soluNons and for a solid track record of achieving high levels of customer saNsfacNon. These partners typically focus on specific geographic areas and have strong sales and service capabiliNes, as well as proven technical validaNons. They are therefore parNcularly qualified to effecNvely meet the managed service needs of customers in their respecNve regions. As part of the Advantage Partner Program, WIIT will be operaNonal in all countries currently covered and in future entry markets through upcoming acquisiNon-led growth iniNaNves (M&A’s), contribuNng to the consolidaNon and evoluNon of the Cloud4Europe project. Through its Secure Cloud approach, WIIT offers an integrated package of premium technologies and highly-qualified managed services for VMware Cloud FoundaNon (VCF), providing a sovereign cloud that ensures data residency, high compliance standards, and full compliance with jurisdicNonal controls. WIIT's proprietary cloud infrastructure spans 7 strategic regions across Europe, 3 of which are enabled as Premium Zones, with data centers cerNfied as Tier IV by the UpNme InsNtute and with processes managed by highly-skilled staff. This allows VCF services to be offered with high reliability, business conNnuity, inherent safety and total regulatory compliance. Through this integraNon, WIIT is able to take advantage of the intrinsic capabiliNes of VMware sorware, such as load balancing, advanced resource orchestraNon and high-availability deployment across mulNple data centers, ensuring uninterrupted performance, unlimited scalability and conNnuous technology renewal. The synergy between VMware's soluNons and WIIT's proprietary infrastructure enables a flexible and customized response to the diverse needs of businesses, consolidaNng WIIT's role as a benchmark for innovaNon and data protecNon in the European cloud industry. WIIT, as a VCSP partner and European cloud service provider, will conNnue to offer its customers in Italy, Germany and Switzerland advanced virtual infrastructure and criNcal applicaNon management services based on VMware technologies. These services are part of an evolving ecosystem of soluNons designed to support companies on their digital transformaNon journey and ensure ongoing innovaNon, reliability and security. Finally, WIIT's broad cloud service offering and the benefits of license portability enable the company to assist cloud providers, now excluded from the Broadcom Advantage Partner Program, and their customers during this transi9on phase by providing an uninterrupted service. On March 4 , WIIT announced the signing of a new five-year contract worth a total of Euro 2.8 million for the advanced management of the informaNon systems of a major interna9onal Group opera9ng in the advanced industrial sector (the “Customer"). The Customer has embarked on a strategic review of its IT model to meet the scalability, resilience and cost op9miza9on requirements of business growth. The company therefore idenNfied WIIT as the technology partner that could lead an end-to-end transiNon to a more flexible, secure and sustainable IT model. The Customer's enNre applicaNon stack, including SAP ERP systems and other core enterprise applicaNons, such as PLM placorms and dedicated R&D applicaNons, will be hosted and managed by the Private Cloud in the WIIT Italy North/West Region, one of WIIT's three Premium Zones based on Tier IV datacenters and designed according to security-by-design, maximum resilience and high availability criteria. Business conNnuity will be ensured by a Disaster Recovery site hosted in the WIIT Italy North/East Region, designed to ensure high availability and geographic separaNon from the primary environment. This is complemented by Cybersecurity services and perimeter security soluNons managed by WIIT, which are integrated into the Customer's protecNon processes to ensure conNnuous and centralized control of the enNre infrastructure. To support growth needs, the operaNng model will ensure high scalability on demand while maintaining an evoluNonary capability consistent with the Customer's digital transformaNon roadmap and its long-term strategic goals.
On April 16, 2026 WIIT announced the renewal, for a duraNon of 5 years and a value of over Euro 2.6 million, of its contract with a leading retail customer for the provision of Secure Private Cloud services. The agreement covers the management on WIIT Private Cloud infrastructure of mission-criNcal applicaNon systems, including major enterprise placorms and SAP . The customer benefits from a highly resilient environment hosted in the WIIT Italy North-West Region Premium Zone, with high levels of stability, operaNonal efficiency and service. Business conNnuity is ensured by a Disaster Recovery site in the WIIT Italy North/East Region, with adequate geographic separaNon from the primary environment. On April 29, 2026, the annual Shareholders' MeeNng of WIIT was held, which approved the financial statements for the year ended December 31, 2025, and also approved the distribuNon of a gross dividend of Euro 0.30 per share. At the same meeNng, the RemuneraNon Policy and Report was also approved and the purchase and disposal of treasury shares was authorized. The Shareholders' MeeNng then resolved on the composiNon of the Board of Directors, confirming Director Stefano Pasobo, already in office following co-opNon, and proceeding with the appointment of Francesca Cocco as a Director following the withdrawal of a director. On June 10, 2026, WIIT announced the signing of a loan agreement with ING Bank N.V., Milan Branch, for a total amount of Euro 40,000,000 (the “Loan Agreement”). The Loan Agreement consists of two credit faciliNes: (i) a medium to long-term credit facility (term loan) of Euro 20,000,000; and (ii) a short-term revolving credit facility of Euro 20,000,000. The Loan Agreement has an iniNal term of 4 years, expiring in 2030, with an extension opNon for an addiNonal 12 months, at the Company’s request, up to a maximum of 5 years from the date of execuNon. The extension is conNngent upon the fulfillment of condiNons related to the Company’s debt at the Nme the extension is requested. The interest rate is in line with current market condiNons for similar transacNons, both for the term loan and the revolving credit facility. On June 30, 2026, WIIT announced the renewal of a three-year contract, with a total value of approximately Euro 2.2 million, with a major internaNonal customer operaNng in the travel retail sector (the “Customer”). The contract renewal confirms the customer’s trust in WIIT to manage its criNcal systems and solidifies a long-standing partnership, reinforcing the company’s role as a strategic partner for the evoluNon and resilience of IT environments that support a highly distributed, 24/7 business, such as the retail sector, where service conNnuity and the performance of retail locaNons supporNng systems are core elements. The new agreement is based on a hybrid cloud model designed to run each workload in the most suitable environment, based on performance, security and proximity to the business. In this context, the criNcal environments supporNng key retail processes have been centralized at WIIT’s Secure Cloud, located in the Premium Regions of Italy North-West and Italy North-East, with 24/7 conNnuous management, ensuring high levels of availability guaranteed by TIER IV data centers, operaNonal resilience and full control over data within a European framework. The service model also naNvely integrates systems managed on public cloud placorms, specifically Google Cloud Placorm and Microsor Azure, and edge environments deployed at the customer’s locaNons in Italy and across Europe, ensuring an opNmal balance between centralizaNon and operaNonal proximity, while enabling the coordinated management of infrastructure and connecNvity in the distributed environments typical of the retail sector. A parNcular focus is placed on data protecNon and the resilience of operaNons. The soluNon includes advanced backup services with data immutability, integrated into WIIT’s European Cloud Vault offering and supported by a second, geographically distributed copy within the data centers of WIIT’s European network, ensuring high standards of security, integrity and operaNonal conNnuity. The agreement also provides for managed security services, integrated with the
internaNonal policies and standards defined by the customer’s parent company, as well as advanced soluNons for the centralized management and control of privileged access, thereby strengthening the security of IT environments. Thanks to this architecture, WIIT enables an operaNng model that combines flexibility, control, and data sovereignty, elements that are increasingly criNcal for enterprises operaNng on an internaNonal scale and in complex, distributed environments. *** Significant events subsequent to June 30, 2026 On July 2, 2026, WIIT announced its selecNon among the 100 companies listed on the Borsa Italiana that make up the Intermonte Valore Italia Index, which is dedicated to SME’s with a market capitalizaNon of less than one billion Euro that do not belong to the FTSE MIB. The Index was created to promote listed Italian SME’s, establishing a meeNng point between enterprise, the capital markets and the naNonal economy. It represents a true cross-secNon of the best experNse in the Italian economy, helping to broaden and diversify investment opportuniNes compared to tradiNonal indices for both domesNc and internaNonal investors. The companies were selected based on rigorous technical and financial criteria designed to ensure adequate levels of liquidity, transparency, and investability, including: a minimum free float, sound governance standards, analyst coverage, financial sustainability and debt levels, as well as their representaNon within the Index itself. The Index is part of PMI2Change, Banca Generali’s innovaNve project unveiled on July 1, 2026 at Borsa Italiana’s Palazzo Mezzanobe, which seeks to support the growth and compeNNveness of Italian businesses by fostering the development of domesNcally listed SME’s. The project addresses the issue of the limited liquidity and undervaluaNon of publicly traded SME’s, helping to create the best condiNons for a more efficient match between capital and businesses. The iniNaNve builds on the experNse of Intermonte, a leading Italian player in the sector with over thirty years of experience in the financial markets - parNcularly in SME research, sales & trading, market making, and investment banking - which has been an integral part of the Banca Generali Group since early 2025. Based on the Index, Banca Generali, together with Investlinx and Intermonte, has launched a new acNvely managed, PIR-compliant ETF that will invest primarily in the group of companies defined by the Index itself. Banca Generali has commibed to supporNng the launch of the instrument with an iniNal capital raise of Euro 100 million in the first few months, with a gradual increase in exposure to reach Euro 500 million over the medium term. It is therefore esNmated that the iniNaNve could help generate new investment proceeds of Euro 1–2 million per day, represenNng more than 5% of the index’s free float. No other significant events occurred subsequent to H1 2026 period-end. *** Significant bonds maturing in the current year In accordance with ArNcle IA.2.6.3 of the InstrucNons to the RegulaNons of Markets Organized and Managed by Borsa Italiana S.p.A., noNce is hereby given that the senior, non-converNble, non-subordinated and unsecured bond issue "Up to €150,000,000 Senior Unsecured Fixed Rate Notes due October 7, 2026”, the residual nominal amount of which is Euro 150 million as of December 31, 2025 (the "Bond"), is scheduled to mature on October 7, 2026.
*** Outlook The market conNnues to be driven by strong cloud services growth and the gradual adopNon of SaaS, PaaS and IaaS soluNons, in an environment in which the digital transformaNon remains a strategic driver for companies across all sectors. Against this backdrop, the ICT sector is evolving toward business models increasingly focused on technological specializaNon and operaNonal agility, disNncNve factors on which the WIIT Group conNnues to derive its compeNNve advantage. At the same Nme, company governance models are evolving through the adopNon of increasingly advanced tools for performance monitoring and real-Nme service control, fostering a data-driven management approach focused on value creaNon. Cybersecurity, infrastructure resilience and system scalability remain central and essenNal factors for supporNng business growth, ensuring business conNnuity and delivering service levels that meet the expectaNons of an increasingly sophisNcated enterprise customer base. From an organizaNonal standpoint, flexible and collaboraNve operaNng models, featuring a greater integraNon among the technical, commercial and delivery funcNons, conNnue to be consolidated. This approach enables the Group to respond more promptly and effecNvely to market needs, while at the same Nme leveraging its internal experNse and the synergies developed within the Group. In line with that previously disclosed to the market, the acNviNes focused on moneNzing a number of company-owned data centers in Germany are also conNnuing, including through potenNal sale-and-lease-back transacNons, with the goal of generaNng financial resources to fund M&A-led growth. As part of the Group’s development strategy, the scouNng for M&A opportuniNes conNnues, with two preliminary due diligence processes having been iniNated on targets deemed strategically significant, selected in accordance with the rigorous financial discipline that is at the heart of the Group’s investment approach. At June 30, 2026, the WIIT Group has marginal exposure (>0.01%) to the Russian, Ukrainian and Middle-East markets. The Directors do not consider that either direct or indirect risks may arise from such trade relaNons. *** Statement pursuant to Ar<cle 154-bis, paragraph 2 of Legisla<ve Decree No. 58/1998. The Corporate Financial ReporNng Manager, Mr. Stefano Pasobo, declares, pursuant to ArNcle 154-bis, second paragraph of LegislaNve Decree No. 58/1998, that this press release corresponds to the underlying accounNng documents, records and accounNng entries. ***
The consolidated financial statements of the WIIT Group at June 30, 2026 are abached. It should be noted that the data presented in this press release was neither audited nor examined by the Company's Board of Statutory Auditors. The consolidated financial report as of June 30, 2026, which will include the limited audit report of the independent audit firm, will be made available to the public in accordance with the applicable laws and regulaNons at the Company's registered office and on the Company's website (hbp://www.wiit.cloud/), in the "Investors – Reports and PresentaNons" secNon, in addiNon to the authorized storage mechanism "eMarket STORAGE" (www.emarketstorage.com). *** This announcement may contain forward-looking statements, es8mates and forecasts reflec8ng management’s current views with respect to future and uncertain events. Forward-looking statements, es8mates and forecasts are generally iden8fiable by the use of the words “should,” “expect,” “es8mate,” “believe,” “intend,” “plan,” “target” or the nega8ve of these words or other varia8ons on these words or comparable terminology. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts, including, without limita8on, those regarding the group’s future financial posi8on and results of opera8ons, strategy, plans, objec8ves, goals and targets and future developments in the markets where the group par8cipates. Due to such uncertain8es and risks, readers are cau8oned not to place undue reliance on such forward-looking statements as a predic8on of actual results. The Company’s ability to achieve its projected objec8ves or results is dependent on many factors which are outside management’s control. Actual results may differ materially from (and be more nega8ve than) those projected or implied in the forward-looking statements. Such forward-looking informa8on involves risks and uncertain8es that could significantly affect expected results and is based on certain key assump8ons. It is based on informa8on available to the Group as of today. The Group assumes no obliga8on to publicly update or revise forecasts and es8mates as a result of the availability of new informa8on, future events or otherwise, subject to compliance with applicable laws. *** WIIT S.p.A. WIIT S.p.A., a company listed on the Euronext Star Milan ("STAR") segment, is a Cloud CompuBng market leader. Through a pan-European footprint, it operates on key markets such as Italy, Germany and Switzerland, establishing itself as a leader in the delivery of innovaBve Private and Hybrid Cloud technology soluBons. WIIT operates through managed processes, specialized resources and technological assets, including proprietary datacenters in seven Regions: four in Germany, one in Switzerland and two in Italy. Three of these are Premium Zone-enabled, i.e., featuring high-availability guarantees, the highest levels of resilience and security by design: of these, two host datacenters cerBfied Tier 4 by the UpBme InsBtute. Since 2006, WIIT has been conBnuously cerBfied as an SAP OperaBons Partner, demonstraBng excellence in the comprehensive management of SAP Private Cloud services on the various SAP plaVorms. The end-to-end approach supports the delivery, to partner companies, of high value-added customized services, with very high standards of security and quality, for the management of criBcal applicaBon and business conBnuity, while also ensuring maximum reliability in the management of the main internaBonal applicaBon plaVorms (SAP, Oracle and MicrosoX). In 2022, the WIIT Group joined the UN Global Compact of the United NaBons. (www.wiit.cloud)) For further informa.on: Investor Rela.ons WIIT S.p.A.: Stefano Paso+o – CFO & Investor Rela6ons Director Francesca Cocco – Lerxi Consul6ng – Investor Rela6ons T +39.02.3660.7500 Fax +39.02.3660.7505 ir@wiit.cloud www.wiit.cloud
Media Rela.ons: Image Building Rafaella Casula Tel. +39 348 3067877 Simona Porcino Tel. +39 340 9844532 Francesca Alberio Tel. +39 340 547370 wiit@imagebuilding.it
Consolidated Balance Sheet CONSOLIDATED BALANCE SHEET 30.06.2026 31.12.2025 ASSETS Other intangible assets 54.256.980 56.907.669 Goodwill 124.603.021 124.603.021 Rights of use 15.260.531 12.759.308 Property, plant and equipment 7.624.178 8.078.446 Other tangible assets 53.109.653 55.642.986 Deferred tax assets 1.882.553 1.903.249 Equity investments 5 5 Other non-current assets 1.234.986 1.278.656 NON-CURRENT ASSETS 257.971.906 261.173.341 Inventories 339.920 258.655 Trade receivables 33.987.463 31.025.123 Trade receivables from associates 438 0 Current financial assets 162.728.446 176.599.447 Other receivables and other current assets 11.410.202 10.873.675 Cash and cash equivalents 61.959.801 63.678.279 CURRENT ASSETS 270.426.270 282.435.179 TOTAL ASSETS 528.398.176 543.608.520
Consolidated Balance Sheet CONSOLIDATED BALANCE SHEET 30.06.2026 31.12.2025 SHAREHOLDERS’ EQUITY AND LIABILITIES Share Capital 2.802.066 2.802.066 Share premium reserve 44.598.704 44.598.704 Legal reserve 560.413 560.413 Other reserves (30.146.695) 1.916.869 Treasury shares in portfolio reserve (31.199.342) (46.644.134) Reserves and retained earnings (accumulated losses) 10.987.491 7.559.807 Translation reserve 105.186 94.242 Net profit for the period 5.049.907 10.484.135 SHAREHOLDERS’ EQUITY 2.757.730 21.372.101 Payables to other lenders 22.732.549 21.886.941 Non-current indebtness related to bond 212.793.655 212.618.541 Bank payables 46.662.004 49.741.305 Other non-current financial liabilities 3.278 43.016 Employee benefits 2.402.364 2.735.558 Provision for risks and charges 664.430 659.168 Deferred tax liabilities 12.378.789 12.712.224 NON-CURRENT LIABILITIES 297.637.068 300.396.753 Payables to other lenders 12.586.594 12.097.811 Current indebtness related to bond 159.093.158 152.436.229 Short-term loans and borrowings 19.699.175 16.254.192 Current income tax liabilities 9.967.201 7.925.910 Trade payables 12.700.056 16.296.283 Payables to parent company 641.627 301.732 Current liabilities deriving from contracts 5.624.057 7.128.712 Other payables and current liabilities 7.691.509 9.398.794 CURRENT LIABILITIES 228.003.377 221.839.665 TOTALE NON CURRENT & CURRENT LAIBILITIES 525.640.445 522.236.418 TOTAL LIABILITIES 528.398.176 543.608.520
Consolidated Profit & Loss CONSOLIDATED PROFIT & LOSS 6M 2026 6M 2025 Adjusted Adjusted 6M 2026 6M 2025 REVENUES AND OPERATING INCOME Revenues from sales and services 80.940.124 82.587.837 80.940.124 82.587.837 Other revenues and income 892.265 2.727.247 892.265 2.727.247 Total revenues and operating income 81.832.389 85.315.083 81.832.389 85.315.083 Purchases and services (26.542.566) (26.438.267) (25.584.189) (25.657.253) Personnel costs (21.836.293) (25.521.046) (21.492.230) (24.590.530) Amortisation, depreciation, and write-downs (18.301.319) (18.741.260) (15.842.220) (16.282.162) Provisions 0 (30.000) 0 (30.000) Other costs and operating charges (601.706) (509.367) (601.706) (509.367) Change Inventories of raw mat., consumables and goods 81.265 215.816 81.265 215.816 Total operating costs (67.200.619) (71.024.124) (63.439.080) (66.853.495) EBIT 14.631.770 14.290.959 18.393.309 18.461.588 Financial income 2.456.381 50.592 2.456.381 50.592 Financial expenses (9.146.093) (4.260.734) (9.146.093) (4.260.734) Exchange gains/(losses) (3.066) (117.430) (3.066) (117.430) PROFIT BEFORE TAXES 7.938.992 9.963.387 11.700.531 14.134.016 Income taxes (2.889.085) (2.849.557) (3.843.900) (4.106.639) NET PROFIT 5.049.907 7.113.830 7.856.630 10.027.377
Consolidated Net Financial Posi.on Consolidated Net Financial Position 30.06.2026 31.12.2025 A - Cash and cash equivalents 61.959.801 63.678.279 B - Securities held for tradingne 0 0 C - Current financial assets 162.728.446 176.599.447 D - Liquidity (A + B + C) 224.688.247 240.277.726 E - Current bank loans (19.699.175) (16.254.192) F - Other current financial liabilities (0) (0) G - Payables to other lenders (12.586.594) (12.097.811) H - Current financial indebtedness related to Bond facilities (159.093.158) (152.436.229) I - Current financial debt (E + F + G + H) (191.378.927) (180.788.233) J - Current net financial debt (I - D) 33.309.319 59.489.493 K - Bank loans (46.662.004) (49.741.305) L - Payables to other lenders (22.732.549) (21.886.941) M - Non-current financial indebtedness related to Bond facilities (212.793.655) (212.618.541) N - Other non-current financial liabilities (3.278) (43.016) O - Trade payables and other non-current payables 0 0 P. Non-current financial debt (K + L + M + N + O) (282.191.486) (284.289.804) Q - Group net financial debt (J + P) (248.882.167) (224.800.311) - Payables for leases IFRS 16 (current) 5.386.563 4.703.441 - Payables for leases IFRS 16 (non current) 11.157.651 7.737.152 R - Net financial debt excluding Group IFRS16 impact (232.337.952) (212.359.717)
Consolidated Cash Flow Statement CONSOLIDATED CASH FLOW STATEMENT 6M 2026 6M 2025 Net profit from continuing operations 5.049.907 7.113.830 Adjustments for non-cash items: Amortisation, depreciation, revaluations and write-downs 18.301.319 18.771.260 Change in employee benefits (333.194) (61.086) Increase (decrease) provisions for risks and charges 0 (30.000) Financial income (2.456.381) (50.592) Financial charges 9.149.159 4.378.165 Income taxes 2.889.085 2.849.557 Other non-cash changes (376.036) (1.896.959) Cash flow generated from operating activities before working capital changes 32.223.858 31.074.174 Changes in current assets and liabilities: Decrease (increase) in inventories (81.265) (215.816) Decrease (increase) in trade receivables (3.214.778) 773.140 Increase (decrease) in trade payables (2.907.403) (3.596.389) Increase (decrease) in tax payables 0 (311.329) Decrease (increase) other current assets (188.648) (1.222.258) Increase (decrease) in current liabilities (1.707.286) (4.275.080) Decrease (increase) in other non-current assets 43.670 (734.759) Increase (decrease) in other non-current liabilities 0 185 Increase (decrease) in liabilities deriving from contracts (1.504.655) 481.941 Income taxes paid (829.422) (562.792) Interest paid/received (1.663.465) (2.310.984) Net cash flow generated from operating activities (a) 20.170.606 19.100.032 Increase intangible assets (2.209.830) (4.439.420) Increase tangible assets (3.541.178) (3.618.352) Decrease (increase) other financial current assets 15.325.851 0 Net cash flow used in investing activities (b) 9.574.844 (3.902.839) New financing 8.000.000 9.000.000 Repayment of loans (7.634.319) (7.286.705) Reimbursement of bond loan 0 (2.642.238) Lease payables (7.797.518) (7.483.808) Payment of deferred fees for business combinations 0 (335.000) Increase / (decrease) other financial payables (39.736) 35.784 Distribution of dividends (7.361.801) (7.787.903) (Purchase) Use of treasury shares (16.630.555) (1.931.950) Net cash flow from financing activities (c) (31.463.928) (18.431.821) Net increase/(decrease) in cash and cash equivalents a+b+c (1.718.478) (3.234.628) Cash and cash equivalents at end of the period 61.959.801 12.274.393 Cash and cash equivalents at beginning of the period 63.678.279 15.509.020 Net increase/(decrease) in cash and cash equivalents (1.718.478) (3.234.628) (*) For 2026, these mainly relate to the recognition of the effects of stock options in accordance with IFRS 2, the accounting for employee benefits in accordance with IAS 19 and to the conversion of financial statement in foreign currency. (**) It should be noted that the line item “(Purchase) Sale of treasury shares” is attributable to purchases of treasury shares for EUR 20,701 thousand, to sale of own share for Euro 5,070, of which Euro 540 related to the due to the stock options exercise.
Fine Comunicato n.20101-51-2026 Numero di Pagine: 18