Next-generation internet infrastructure
September 2025
About us
DHH S.p.A. (DHH.MI) (ISIN shares IT0005203622) is
dedicated to reshaping internet infrastructure by integrating next-generation technology and artificial intelligence.
Business segments
% of revenues
2024
Growth2
Market size
(CAGR %)1
Competitors
(some examples)
Cloud Computing
on-demand resources like servers, storage, and applications
40%
+14%
$ 1.25 tn by 2028
(+17,9%)
Cloud Hosting
hosting of websites or applications
24%
+5%
$ 169 bn by 2025
(+17,5%)
Business Connectivity
high speed, secure internet and dedicated lines
22%
+31%
(2 years)
$ 115 bn by 2027
> 80%
Operating cash flo
We provide comprehensive internet infrastructure services
> 90%
Recurring revenues
Thousands BTB Customers
Datacenter & Networking
datacenters with networking solutions
9%
+23%
$ 288 bn by 2027
(+4,5%)
datacenter services providers
Key financials 2024
Revenues
EBITDA
Eu 37 mn
(+23%)2
Eu 12 mn
(33%)
Net Debt /
EBITDA
< 1 x
Managed Services
IT support, cybersecurity, and infrastructure management
AI Infrastructure
AI infrastructure for running complex AI models and processing large datasets
2%
M&A strategy
(on top of organic growth)
1
Expansion
Entering in new geographies or expanding into contigous market
Eu 2-20 mn3
2
Consolidation
Increasing market share in the current reference market
Eu 0,5-2 mn3
-
$ 731 bn by 2030
large system
integrators
4%
-
$ 85 bn by 2026
(+23,7%)
no clear market leaders
(1) Sources: Grand View Research, Markets and Markets, Research and Markets, Allied Market Research (2) 3Y Cagr (3) expected deal size.
A history of
consistent growth
From startup to publicly listed multinational
in the European internet infrastructure industry
28,6
33,7
35,9 37,5
19,6
3,5 3,9
5,3
6 6,8
9,2
6,9 7,4
10,4
12,01 12,7
0.0 | 0,4 | 0,5 | 0,5 | 0,5 | 1,8 | |||||
July 2015 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | LTM 2025 |
(million EUR)
Financial overview (2024)
KPIs - 3 YEAR CAGR
Total revenue
€37,1M +23%
Strong sales growth reflects successful market expansion.
Gross margin
€20,1M +21%
Solid income growth, demonstrating effective sales cost management.
EBITDA
€12M +20%
Higher operational efficiency with increased profitability across products.
EBT
€5,8M +19%
Efficient cost control, ensuring healthy profit margins.
Net debt/EBITDA
< 1x
Low leverage enhances financial stability and reduces risk exposure.