France's 2CRSi annual revenue jumps on AI demand

2Crsi SA

23/07/2026 06:10

    

    Overview
  
France server maker's fiscal 2025/26 revenue rose 88% yr/yr to €416.2 mln
Growth driven by new customer wins and expansion in AI infrastructure market
Year-end cash position improved to €14.4 mln, highest since IPO

    

    Outlook
  
2CRSi SA targets €1 bln revenue for fiscal year 2026/27
Company expects increased order intake from AI infrastructure market in current fiscal yr
Improving margins remains a priority through higher service and value-added solution contributions

    

    Result Drivers
  
AI INFRASTRUCTURE FOCUS - Co said revenue growth was driven by strategic repositioning in the artificial intelligence infrastructure market
NEW CUSTOMER WINS - Majority of main customers invoiced during the year were new, reflecting success in winning strategic accounts
SERVICE REVENUE GROWTH - Service revenue rose nearly 200% yr/yr to €24.7 mln; co said services generate higher margins and will be a key development driver

    
Company press release: ID:nEQYslBra

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
FY Revenue
Miss
EUR 416.20 mln
EUR 434 mln (2 Analysts)

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the computer hardware peer group is "buy"
Wall Street's median 12-month price target for 2Crsi SA is €44.65, about 66.6% above its July 22 closing price of €26.80
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 three months ago

    

    Reuters Recommended Reads
  
July 21 - Super Micro sees strong margins, books $60 billion in orders; shares jump
July 22 - IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spending
July 22 - Nvidia supplier Wistron launches $700 million Texas factory for AI system production

    
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)