Logicom Public Ltd on Tuesday announced that it expects a slight decrease in turnover during the first quarter of 2026, compared with the corresponding period of 2025.

The company stated that this anticipated decline is primarily attributed to the war conflict between the United States, Israel and Iran in the Gulf region, which has negatively affected the broader business environment.

Despite the expected reduction in revenue, operating profit from ordinary activities is projected to remain at approximately the same levels as in the previous year.

In addition, profitability excluding the results of Demetra Holdings Plc is also expected to remain broadly unchanged.

However, the company indicated that no safe estimate can be provided for final profitability after taxation at this stage.

This is due to the lack of available information regarding the expected results of Demetra Holdings Plc, which remains a controlled entity, the company said.

Finally, the company stated that further announcements will be made once the required information becomes available, providing greater clarity on overall financial performance.