Milan, 27 November 2018. (“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”, announced that TOPHOST S.R.L. (ITALY) 100% controlled by D.H.H. S.p.A., recorded a +10% growth in gross sales in Q32018 vs. Q32017, passing from 273.233 EUR (Q32017 – net of intercompany transactions) to 299.242 EUR (Q32018 – net of intercompany transactions).
The third quarter of 2018 was rather active for Tophost, which has positively impacted its growth. One of the key Q32018 highlights for the company was the upbeat result concerning the balance between transfer-ins and transfer-outs. For the first time ever, Tophost achieved a 150% increase in transfer-ins.
Another positive factor that contributed to the growth of Tophost’s sales in Q32018 was the success of its backup product. The attach rate of the product was rising at the higher-than-expected speed of 4-5%.
Besides these events, Tophost also reported that it enjoys a very high renewal rate and a surge in the number of customers.
Data are taken from the management accounts, unaudited.