The number of customers managed by DHH in Croatia more than doubled since the IPO (July 2016), passing from around 8.569 to around 19.228 (+124%)
Milan, 22 February 2018. DHH S.p.A. (“DHH”) (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), a tech company whose mission is to create the “Internet Platform of the Emerging markets of Europe”, announces that DHH d.o.o., the Croatian company owner of Plus.hr and Studio4Web businesses and controlled by DHH, recorded a +24% growth in gross sales in Q42017 vs Q42016, passing from 337.454 EUR (Q42016 – net of intercompany transactions) to 417.849 EUR (Q42017 – net of intercompany transactions).
These results are due to an increase in the ARPU, thanks to a shifted focus towards larger clients, and to the acquisition of Studio4Web, the company fully owned by Mr. Miron Jajtić, now employee in DHH d.o.o., with a cash inflow less VAT of HKR 1.339.729,47 (approx. EUR 178.630,60) and an EBT of HKR 138.051,44 (approx. EUR 20.767,76), achieved during 2016, before the acquisition (ref. PR 20 March 2017).
The total number of customers managed by DHH in Croatia, more than doubled since the IPO (July 2016), passing from around 8.569 to around 19.228 customers (+124%).
This increase takes also into account the customers gained thanks to the acquisitions of Studio4Web, InfoNet and HostingIT (ref. PR, 23 September 2016).
Data are taken from the management accounts, unaudited.