2024 results in line with expectations
WIIT reported c. 5% organic growth for 2024 (c. 2% in Q4 24) driven by the recurring business which grew by 6%, with EUR58m EBITDA in line with expectations (EUR15.4m, 35.4% margin in Q4 24). Margins went down yoy due to the consolidation of the Switzerland business, which delivered EUR1.2m EBITDA (7.8% margin) and a negative EBIT of -EUR0.6m (positive EUR0.2m in Q4 24). On a like-for-like basis, group adj EBIT margin of 21.7% would have been similar to la ....

11 Mar 2025
FY24 results and FY25 guidance in line with expectations

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
FY24 results and FY25 guidance in line with expectations
2024 results in line with expectations
WIIT reported c. 5% organic growth for 2024 (c. 2% in Q4 24) driven by the recurring business which grew by 6%, with EUR58m EBITDA in line with expectations (EUR15.4m, 35.4% margin in Q4 24). Margins went down yoy due to the consolidation of the Switzerland business, which delivered EUR1.2m EBITDA (7.8% margin) and a negative EBIT of -EUR0.6m (positive EUR0.2m in Q4 24). On a like-for-like basis, group adj EBIT margin of 21.7% would have been similar to la ....