Magazine Button
Logicalis grows 16% in Latin America

Logicalis grows 16% in Latin America

ColombiaIntelligent TechnologyTop Stories

Logicalis, a global company specializing in information and communications technology services and solutions, grew 16% in revenue in Latin America in the fiscal year 2022.  

Sales also increased 22% in the period, totaling R$ 3.44 billion.

The Latin American operation remains the most important of the Logicalis Group, accounting for 32% of global sales, especially in Brazil and the North of Latin America region, which includes Mexico, Colombia, Ecuador and Puerto Rico.

Rodrigo Parreira, CEO, Logicalis Latin America, said: “Even in a challenging scenario, with component shortages around the world, we had growth in our revenue, reinforcing our capacity for innovation, resilience and adaptation.”

Brazil accounted for more than 60% of the revenue in Latin America, with an increase of 22% in net income. “The solutions we call Digital Accelerators were the ones that grew the most in the period. They involve cloud, security, data analytics and IoT. The advancement of these offerings is fully aligned with the positioning of Logicalis as one of the main vectors of Digital Transformation,” said Parreira.

The North of Latin America region also stood out, with a 62% growth in sales and 46% in net revenue compared to the previous fiscal year. In the SoLA region (which includes Argentina, Bolivia, Chile, Paraguay, Peru and Uruguay), the highlight was the 39% year-on-year sales expansion, strongly based on managed technology service contracts.

Click below to share this article

Browse our latest issue

LATAM English

View Magazine Archive