Logicom Public Ltd. provided earnings guidance for the first quarter of 2016. For the period, the company expects turnover is at approximately the same levels as in the corresponding quarter of 2015. Despite the decrease in the Operating Profit due to decreased gross profit margins, as a result of the proportional increase of sales in the distribution sector where gross profit margins are lower, Profit after tax remains at around the same levels, mainly due to the positive impact of the exchange rate between the US Dollar and the Euro.