France's 2CRSi H1 revenue jumps, driven by demand for servers

2Crsi SA

26/03/2026 18:29

Overview

France server maker's fiscal H1 revenue rose nearly tenfold, driven by Godì 1.8 demand

EBITDA for fiscal H1 jumped to €9.6 mln, reflecting higher activity and product mix

Outlook

2CRSi raises 2025/26 revenue target to above €400 mln, from over €300 mln

Company expects 2025/26 EBITDA above €36 mln, depending on project deployment pace

2CRSi targets revenue above €1 bln for 2026/27 fiscal year

Result Drivers

GODÌ 1.8 DEMAND - Company said revenue growth was primarily driven by strong demand for the Godì 1.8 server range across all regions

CUSTOMER BASE EXPANSION - Gradual expansion of the customer base contributed to momentum in North America, Europe, and Asia

SECTOR GROWTH DRIVERS - Sales to NeoCloud players and deliveries to the Defense sector provided additional growth drivers

Company press release: ID:nEQ8nYrGWa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
EUR 204.7 mln
H1 EBITDA
EUR 9.6 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "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 €27.50, about 23% above its March 26 closing price of €22.35

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 9 three months ago

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(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.)