Milan, 4 October 2019. DHH S.p.A. (“DHH”) (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), the cloud computing provider of Southeast Europe, today shares some financial highlights related to the group consolidated results in the first half of 2019, with reference to the cash flow / EBITDA. This ratio, also called cash conversion ratio (CCR), assesses the efficiency of the company to turn the EBITDA into cash.
|
OPERATING CASH FLOW | EBITDA | CASH CONVERSION RATIO (CCR) |
| 601.666 EUR | 241.903 EUR |
249% |
|
FREE CASH FLOW | EBITDA | CASH CONVERSION RATIO (CCR) |
| 287.859 EUR | 241.903 EUR |
119% |
This very good result on CCR is due to the fact that DHH is a growth company that sells mostly subscriptions to digital services, pre-paid in advance.