In its strategic goals LogicomThe Chairman of the Board of Directors of the Group Dr. Christopher Hadjikyprianou, recording the goals of expansion of strategic alliances and the further shielding of its operational systems.
In the context of the bank’s annual general meeting, he noted that Logicom She continues her journey, which began 38 years ago, maintaining the same commitment to the values of transparency, innovation and sustainable development.
“Today, we are ahead of a new era Full of opportunities, but also unprecedented challenges, “he said.
Actions under the light of a new crisis
Concerning the explosion of conflict between Israel and Iran, he noted that in combination with the ongoing tensions in the wider Middle East, it is formed a highly explosive environment. The area has now entered uncharted waters, with a possible impact not only on security but also on the global economy and growth. “Although Logicom has no immediate presence in the war countries, we are responding – as in previous global crises, such as pandemic, war in Ukraine and constant geopolitical tensions – with responsibility and readiness,” he noted.
He referred to the strengthening of risk management plans and the efforts to provide alternative logistics.
“We constantly shield our critical business systems and further enhance cyber security. We stand by our people in tension areas, ensuring their health and safety. We have proven in practice that we are an organism with solid foundations, capable of withstand even the most unstable geopolitical conditions. 2025 is another year of strategic acceleration for us, “he added.
“We are moving with clear pillars,” he added, saying that:
• We invest in artificial intelligence, cyber security, cloud and data management.
• We extend our geographical presence, further enhancing our international character.
• We strengthen our strategic alliances with leading world technological providers.
• We are implementing critical projects in the areas of banks, public administration, education and telecommunications.
The company’s turnover in 2024 remained at about the same level compared to 2023, and amounted to € 1295 million. Operating profits amounted to € 37 million and net profit after taxation attributable to the company’s shareholders stood at € 54 million.
“Of particular importance of business and financial development in 2024 was the sale of the shares of the Hellenic Bank from Logicom. This development marks a return to activities more aligned with business DNA The group, namely the technology, and infrastructure, where we maintain a strong competitive advantage. Revenue from the sale significantly boosted our cash stock by about € 40 million, offering us the opportunity for targeted strategic investment in the coming years. This decision was a product of responsibility, maturity and strategic targeting, “he noted.
Based on the overall performance and the international environment, the Board of Directors proposes the distribution of a dividend of 10 cents per share, increased compared to the previous year.