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)