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Despite Covid-19 consolidated gross sales recorded a +14% organic growth in Q2 2020 (1,9M EUR) vs Q2 2019 (1,6M EUR)

Milan, 31 July 2020. DHH S.p.A. (“DHH”) (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), the cloud computing provider of Southeast Europe, announces the quarterly results (Q2 2020) related to gross sales in the different countries of the group.

ORGANIC RESULTS

Q2-2020 Q2-2019  DELTA
ITALY 469.474 489.544 -4%
SLOVENIA 500.011 405.796 +23%
CROATIA 561.182 546.778 +3%
SERBIA 151.482 123.449 +23%
SWITZERLAND 177.305 64.501 +175%
TOTAL 1.859.454 1.630.069 +14%

Source: management accounts, unaudited

H1-2020 H1-2019  DELTA
ITALY 970.322 1.064.651 -9%
SLOVENIA 1.062.047 861.911 +23%
CROATIA 1.183.774 1.140.736 +4%
SERBIA 315.118 279.099 +13%
SWITZERLAND 390.766 133.364 +193%
TOTAL 3.922.028 3.479.761 +13%

Source: management accounts, unaudited 

ORGANIC RESULTS INCLUDING SEEWEB*

Q2-2020 Q2-2019  DELTA
ITALY 3.065.144 2.925.991 +5%
SLOVENIA 500.011 405.796 +23%
CROATIA 561.182 546.778 +3%
SERBIA 151.482 123.449 +23%
SWITZERLAND 177.305 64.501 +175%
TOTAL 4.455.124 4.066.515 +10%

Source: management accounts, unaudited 

H1-2020 H1-2019  DELTA
ITALY 6.116.692 5.889.537 +4%
SLOVENIA 1.062.047 861.911 +23%
CROATIA 1.183.774 1.140.736 +4%
SERBIA 315.118 279.099 +13%
SWITZERLAND 390.766 133.364 +193%
TOTAL 9.068.398 8.304.647 +9%

Source: management accounts, unaudited 

* data also includes Seeweb – the merger by incorporation of Seeweb Holding into DHH was announced on 21 May 2020 and approved on 30 June 2020 by the shareholders’ meeting.

The official financial statements related to the first six months of the year 2020 will be released after their approval by the Board of Directors of the company (ref. September 28, 2020).

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