Skip to content
Economy · Cyprus
Logicom reports 55% drop in profits for Q1 2026
2 sourcesFirst reported 1 month agoUpdated 1 month ago
Center 50%
Right 50%
1 center1 right-leaning
Right-leaning outlets dominate coverage at 50%. This often signals the story aligns with conservative priorities, or that left-leaning media is downplaying it. The 0% left-leaning coverage may offer a contrasting angle worth reading.
What all sources covered
- Logicom's profit attributable to shareholders fell by 55.2% in Q1 2026.
- Sales declined by 2% to €286.6 million compared to the previous year.
- The software solutions division saw an 18.4% drop in gross sales.
- Lower sales in key markets like Saudi Arabia and Greece contributed to the decline.
- Other income also decreased significantly due to prior year insurance compensation.
2 sources
Who reported first
PolitisFirst
Cyprus Mail+3h
All coverage
