Milan, 30 May 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. (“DHH Croatia”), the Croatian company owner of Plus.hr (www.plus.hr) and Studio4Web (www.studio4web.com) businesses and controlled by DHH, recorded a +19% growth in gross sales in Q12018 vs. Q12017, passing from 436.197 EUR (Q12017 – net of intercompany transactions) to 549.689 EUR (Q12018 – net of intercompany transactions).
These results are in part due to the business development in Sysbee (www.sysbee.net), a Croatian startup with global ambitions focused on managed hosting and led by Zvonimir Gembec, which in the first quarter of 2018 was still incorporated in DHH d.o.o..
Also, in March 2017, DHH d.o.o. consolidated its leading position on the Croatian market with the acquisition of Studio4Web, a fast-growing business focused on the low-cost web hosting segment.
Furthermore in February 2018 InfoNET, (www.infonet.hr), the Croatian mid-market brand controlled by DHH, introduced a new type of shared hosting product – unlimited shared hosting. Many customers welcomed this product since it was the first unlimited shared hosting service in Croatia.
Data are taken from the management accounts, unaudited.