Net financial position grows 18% in 1H2018 vs 1H2017 while debt-to-equity ratio drops from 11% to 1%

Milan, 11 October 2018. The Board of Directors of 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,” today shares some financial highlights related to consolidated financial statements for the first half of 2018.

FINANCIAL HIGHLIGHTS   

NET FINANCIAL
POSITION 1H2018

NET FINANCIAL
POSITION 1H2017

DELTA

2.684.347

 2.278.126

 +18%

TOTAL DEBT
1H2018

TOTAL DEBT
1H2017
DELTA
47.527 797.615 

 -94%

DEBT/EQUITY
1H2018

DEBT/EQUITY
1H2017
DELTA
1%  11%

-91%

 

Corresponding to good financial performance and strong cash generation, net financial position at the end of the first six months of this year has grown by 18% compared to the same time last year. This, coupled with simultaneous reduction in debt obligations (debt-to-equity ratio reduced from 11% to 1%) solidifies company’s ability and confidence in closing future acquisitions.