CPI: Improved Profitability and Positive Outlook

Athens 31^st March 2026 (EXAE: ΣΠΙ, RIC: CPIr.AT, Bloomberg: CPI.GA)

Key Results Highlights

The Company reported a 16.7% decrease in first-half revenues, which amounted to €8.68 million compared to €10.43 million in the corresponding period last year. Gross profit declined at a slower rate of 7%, reaching €1.65 million. At the same time, the contribution of services to total revenue increased to 29%, up from 25% in the same period last year.

Despite the decline in revenues, earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 77%, amounting to €193 thousand. This improvement in EBITDA was driven by a reduction in operating costs and increased revenue from services.

The Company’s net result also improved compared to the corresponding period last year, with losses before tax amounting to €164 thousand, compared to losses of €248 thousand in the previous year.

Commenting on the results, CPI’s Chief Executive Officer Aris Papathanos stated: “The results of the corporate transformation implemented over the past 18 months are now becoming evident, both through reduced operating costs and increased service revenues. Furthermore, during the January–March 2026 quarter, we achieved a 15% increase in revenues compared to the same period last year, covering a significant portion of the shortfall accumulated up to December. With additional projects scheduled for implementation in the second quarter of the year, the outlook for the full financial year remains positive. The revenue gap compared to last year is expected to be fully covered, operating profitability will improve significantly, and the year is anticipated to close with positive pre-tax results.”

CPI has been active in the IT sector for over 30 years, holding a leading position as a distributor of high-value technology products, solutions, and services.

The company offers a comprehensive portfolio that includes Printing, Scanning, POS, Projection equipment, IP surveillance, Data Storage, Auto-ID, Smart Lighting, and Unified Communications solutions.

At the same time, CPI provides managed print and document digitization services, as well as technical support, serving major Greek and international organizations through SLA-based agreements or customized project implementations.