Categories: Tech & Auto

Italy's Wiit posts 19.5% rise in nine-month adjusted core profit

(Reuters) -Italian cloud computing and cybersecurity service provider Wiit posted on Thursday a 19.5% rise in its nine-month adjusted core profit (EBITDA) to 50.9 million euros ($59.4 million). The company also said in a statement it continues to pursue M&A opportunities, adding that the German market remains a key area for the group's expansion in Europe. ($1 = 0.8575 euros) (Reporting by Laura Contemori; Editing by)

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