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Overall record performance achieved for the year, while investing for the future

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STOCKHOLM, Feb. 5, 2025 /PRNewswire/ —

October-December 2024:

Order intake decreased -23% (-29% organic) with strong growth in FoodTech offset by a negative organic development in AirTech and Data Center Technologies (DCT).Net sales grew +19% (+10% organic) through strong growth in DCT and FoodTech, whereas AirTech remained flat.   The adj. EBITA margin was stable, supported by strong net sales growth in DCT and FoodTech whereas AirTech was negatively impacted by increased uncertainty in the battery market, resulting in under-absorption as well as ongoing investments in our global footprint.  Cash flow from operating activities improved related to positive development of working capital. OWC/net sales improved to 10.2%, within our target range of 13-10%.Net debt in relation to adj. EBITDA increased to 2.3x mainly as a result of acquisitions financed through debt.Items affecting comparability (IAC) increased to MSEK    -117 (-49).  An IAC charge for restructuring activities of MSEK 66 was recorded in AirTech, reflecting various measures identified and implemented to mitigate the weaknesses in the battery sub-segment.Earnings per share, before and after dilution, was SEK 0.89 (0.30) in the fourth quarter.

January-December 2024:

Order intake was flat +1% (-4% organic) driven by strong growth in FoodTech and stable development in AirTech. DCT declined due to a reduction in large orders.Net sales grew +11% (+5% organic) driven by strong growth in DCT and FoodTech, while AirTech showed flat development.The adj. EBITA margin improved due to strong net sales growth in DCT and FoodTech and a positive effect from product mix in AirTech as deliveries on major orders were finalized.Cash flow from operating activities improved during the year, related to increased operating earnings and positive development of working capital.Net debt in relation to adj. EBITDA increased slightly primarily driven by acquisitions financed through debt mitigated by strong operating cash flow.IAC increased to MSEK -240 (-96), mainly due to increased costs for restructuring activities and costs related to the strategic review in FoodTech, as well as M&A activities.Earnings per share, before and after dilution, was SEK 5.33 (4.30) for the full year.

Events after the close of the period

In January 2025, the minority shareholders of MTech exercised the put option with a fair value of MSEK 1,142 per 31 December 2024. This transaction will result in Munters becoming the sole owner, 80% of the transaction price is expected to be paid in the first half of 2025 and the remaining 20% in the first half of 2026. The Board of Directors proposes a dividend of 1.60 SEK (1.30) per share totaling a dividend of MSEK 292 (237) to be paid in two equal installments. This represents 30% (30%) of net income in 2024.

CEO comments

A year of progress: Strengthening the foundation for future growth

In 2024, we made significant achievements in strengthening our market position, and I sincerely thank all employees for their hard work and dedication. Our strategic focus in recent years – prioritizing growth, optimizing our footprint, and enhancing operational efficiency – have resulted in strong overall performance. Continued good demand and successful acquisitions led to an 11 percent increase in net sales for the year. Revenues reached a record high in 2024, marking our best-ever full-year performance with an adjusted EBITA margin of 15.1 percent.

Driven by higher profits and positive development of working capital, cash flow from operating activities improved. We continue to prioritize efforts to strengthen our financial resilience through enhanced cash flow management and reductions in working capital. Leverage increased slightly during the year, primarily driven by our active M&A strategy, including both acquisitions and minority investments. In AirTech, we acquired Airprotech, an Italian manufacturer of systems to abate volatile organic compounds. In DCT, we acquired Geoclima, an Italian manufacturer of air- and water-cooled chillers. In FoodTech, we made two controller related acquisitions: Automated Environments, a US-based company specializing in automated control systems for the layer industry, and Hotraco, a Dutch developer of control systems and sensors for the agricultural sector. The acquisitions in FoodTech highlight our strategic focus on growing the digital business through software, controllers, sensors and IoT in this business area going forward.

Mixed fourth quarter: Positive sales and stable margin despite weakened demand

Order intake was mixed in the fourth quarter. Overall order intake declined, except for FoodTech, which saw growth. DCTs order intake declined as the same quarter last year included large orders of approximately BSEK 2.2. However, the underlying demand for our cooling solutions within DCT remains strong across key markets, as evidenced by a 60 percent organic increase in small and medium-sized orders in the quarter. In AirTech order intake declined, mainly due to a continued weak battery sub-segment across all regions. All business areas contributed to the net sales growth of 19 percent, especially DCT and FoodTech. In FoodTech the SaaS revenue (ARR) in Digital solutions grew by 46 percent in the quarter. The adjusted EBITA-margin was at the same level as last year, supported by strong improvements in DCT and FoodTech. However, lower demand from the battery sub-segment resulted in under-absorption, adversely impacting AirTechs margin. This corresponded to a negative effect on AirTechs adjusted EBITA-margin of approximately -3 percent in the quarter.

We expect the weakness in the battery market to remain throughout 2025. In light of this, and the development in 2024, AirTech has identified and implemented various measures to strengthen the margin going forward. We anticipate that this will mitigate the weaknesses and strengthen AirTechs profitability from current levels during the second half of 2025. We will continue to monitor this situation closely, taking further measures if needed.

Investing to stay ahead of the curve

We continue to drive an ambitious growth agenda based on our firm belief in the long-term growth opportunities relating to megatrends such as electrification and digitalization. Looking ahead, we will continue to focus on strategic acquisitions to expand our technology and market reach while prioritizing investments in innovation and operational efficiency. With our strong market position and innovative solutions, we are confident in our ability to seize future growth opportunities. To support our growth journey, we are excited to expand operations with two new state-of-the-art factories in 2025 – one in Cork, Ireland for DCT and another in Amesbury, US for AirTech. These expansions will enhance our global reach, increase production capacity, improve workflows and better serve the growing needs of our customers worldwide while prioritizing energy efficiency and resource conservation. The Cork facility, which opened at the end of 2024, will ramp up production throughout 2025, while the Amesbury facility is set to open in the first half of the year. During the transition, both existing and new sites will operate in parallel at the beginning of 2025.

With a clear strategy, strategic investments, and a commitment to innovation, we are well-positioned to drive sustainable growth and create lasting value for our customers, partners, and stakeholders.

Klas Forsström, President & CEO

Information about the webcast and telephone conference

Welcome to join a webcast or telephone conference today, February 5, at 9:00 CET, when CEO Klas Forsström together with the CFO, Katharina Fischer, will present the report.

Webcast: https://ir.financialhearings.com/munters-q4-report-2024

Conference call: If you wish to participate via teleconference, please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference. https://conference.financialhearings.com/teleconference/?id=50050326

This interim report, presentation material and a link to the webcast will be available on https://www.munters.com/en-se/investors/ 

For more information:

Investors and analysts
Line Dovärn, Head of Investor Relations
E-mail: line.dovarn@munters.com, Phone: +46 (0)730 488 444

Media
Daniel Frykholm, VP External Relations & Internal Communications
E-mail: daniel.frykholm@munters.com, Phone: +46 (0)702 067 786

This information is information that Munters Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 07.30 AM CET on February 5, 2025.

About Munters Group
Munters is a global leader in energy-efficient air treatment and climate solutions. Using innovative technologies, Munters creates the perfect climate for customers in a wide range of industries. Munters has been defining the future of air treatment since 1955. Today, around 5,400 employees carry out manufacturing and sales in more than 30 countries. Munters Group AB reported annual net sales of more than SEK 15 billion in 2024 and is listed on Nasdaq Stockholm. For more information, please visit www.munters.com.

This information was brought to you by Cision http://news.cision.com

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View original content:https://www.prnewswire.com/news-releases/overall-record-performance-achieved-for-the-year-while-investing-for-the-future-302368516.html

SOURCE Munters Group AB

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iPost and ZeroBounce Partner to Deliver Cleaner Data and Stronger Email Performance for Regulated Industries

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iPost, the leading email sending platform built to solve real challenges in highly regulated and other data and content sensitive industries, including gaming, legal services, and scholarly/STM (science, technology, medical) publishing, today announced a new strategic partnership with ZeroBounce, a leading email validation and deliverability company. The partnership brings native, real-time email list verification directly into the iPost platform, helping enterprise marketers protect sender reputation, reduce bounce rates, and maximize inbox placement.

SAN MATEO, Calif., July 20, 2026 /PRNewswire-PRWeb/ — iPost, the leading email sending platform built to solve real challenges in highly regulated and other data and content sensitive industries, including gaming, legal services, and scholarly/STM (science, technology, medical) publishing, today announced a new strategic partnership with ZeroBounce, a leading email validation and deliverability company. The partnership brings native, real-time email list verification directly into the iPost platform, helping enterprise marketers protect sender reputation, reduce bounce rates, and maximize inbox placement.

“We’re thrilled to bring ZeroBounce’s validation technology into the iPost platform,” said Michael Nelson, VP of Partnerships at iPost. …This is exactly the kind of partnership that helps our clients grow with confidence.”

For iPost’s clients in highly regulated and compliance-driven industries, data quality is more than a best practice; it’s a business requirement. Through this partnership, iPost customers can now validate email addresses at the point of collection and on an ongoing basis, ensuring that campaigns reach real, engaged recipients while minimizing the risk of hard bounces, spam traps, and deliverability penalties that can damage sender reputation.

The integration reflects both companies’ shared commitment to helping marketers do more with cleaner, more reliable data. By combining iPost’s advanced segmentation, personalization, and deliverability infrastructure with ZeroBounce’s industry-leading email validation technology, joint customers gain a more complete, end-to-end solution for email program health.

“We’re thrilled to bring ZeroBounce’s validation technology into the iPost platform,” said Michael Nelson, VP of Partnerships at iPost. Our clients operate in industries where trust, compliance, and precision aren’t optional; they’re everything. Partnering with ZeroBounce lets us give our customers an even stronger foundation for their email programs, so every campaign they send reaches a real inbox and reflects the quality our brand is known for. This is exactly the kind of partnership that helps our clients grow with confidence.”

The integration is available today to iPost customers and forms part of iPost’s broader 2026 product roadmap, which includes continued investment in AI-powered content optimization, personalization, and deliverability.

To celebrate the launch of the integration, iPost and ZeroBounce are offering exclusive incentives for joint customers. ZeroBounce is offering 15% off Email Validation credits and ZeroBounce One subscriptions using promo code IPOST15, valid for 30 days beginning July 9. iPost is also offering a matching 15% discount on implementation and professional services through August 31. Together, these offers make it easier for organizations to deploy the integrated solution, improve data quality and deliverability, and maximize the performance of their email marketing programs.

To mark the partnership, iPost and ZeroBounce co-hosted a live webinar that went beyond recycled best practices to explore what actually drives email performance. The session was led by Andrew Kordek, CMO and Strategist at iPost, and Anne-Marie Prince, Email Marketing Manager at ZeroBounce, who drew on decades of combined industry experience to revisit common assumptions, share real-world lessons, and offer practical strategies marketers can apply to their own programs right away. Topics included why first impressions matter more than marketers think, why deliverability ultimately falls on the sender, and why strong fundamentals still beat shiny new tactics. The full webinar is now available on demand here.

About iPost

iPost is a leading email-sending platform purpose-built to solve real challenges in highly regulated data and content-sensitive industries, including gaming, legal services, and scholarly/STM (science, technology, medical) publishing. With its flexible architecture, native data integrations, and unmatched customer support, iPost helps users create personalized, compliant, and impactful campaigns that drive measurable growth.

About ZeroBounce

ZeroBounce is an email validation and deliverability company that helps businesses improve email marketing performance by ensuring cleaner, more accurate mailing lists. Its tools help reduce bounce rates, protect sender reputation, and improve inbox placement for marketers across industries.

Media Contact

Marco Marini, iPost.com, 1 650-743-2660 press@ipost.com, marco@ipost.com, www.ipost.com

View original content:https://www.prweb.com/releases/ipost-and-zerobounce-partner-to-deliver-cleaner-data-and-stronger-email-performance-for-regulated-industries-302828263.html

SOURCE iPost.com

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Hut 8 Fully Commercializes 1 GW Beacon Point AI Data Center Campus with Second 352 MW IT Lease, Bringing Campus-Level Base-Term Contract Value to $19.6 Billion

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15-year, 352 MW IT lease doubles the existing high-investment-grade tenant’s contracted capacity to 704 MW

Total contracted IT capacity across Hut 8’s AI data center portfolio rises to 949 MW, supported by 1,330 MW of utility capacity, with aggregate base-term contract value of $26.6 billion and average annual NOI of more than $1.75 billion

100% of Hut 8’s contracted AI data center capacity is leased to or backstopped by investment-grade counterparties

Renewal options increase potential campus-level contract value to $50.2 billion

MIAMI, July 20, 2026 /PRNewswire/ — Hut 8 Corp. (Nasdaq, TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies, today announced the commercialization of the second phase of its one-gigawatt Beacon Point data center campus in Nueces County, Texas through a second 15-year, $9.8 billion lease (the “Agreement”) for 352 megawatts (MW) of IT capacity (the “Transaction”). The tenant, the high-investment-grade company that executed the Phase 1 lease, has doubled its contracted IT capacity at the campus to 704 MW. The Transaction fully commercializes the Beacon Point campus against its 1,000 MW of utility capacity, secured under an interconnection agreement with AEP Texas for electric delivery service.

Transaction Highlights

Lease Structure: Triple net (NNN) lease executed on substantially the same terms as the Phase 1 lease.Tenant Profile: High-investment-grade company; the Phase 1 tenant.Compute Architecture: Hut 8 to deliver a second 352 MW AI factory designed to NVIDIA’s DSX reference architecture for gigawatt-scale AI infrastructure supported by 500 MW of utility capacity.Base-Term Contract Value: $9.8 billion over a 15-year base lease term, inclusive of a 3.0% annual base rent escalator; base-term contract value for the full 1,000 MW campus rises to $19.6 billion.NOI Contribution: Expected cumulative NOI contribution of $9.8 billion over the base term, or an average of $655 million per year upon stabilization; average annual NOI for the full 1,000 MW campus rises to $1.31 billion.Upside Economics: Three 5-year renewal options per lease increase potential campus-level contract value to $50.2 billion if all options are exercised.Delivery Timeline: Initial Phase 2 data hall delivery expected in Q2 2028.

Full Commercialization Driven by Power-First Development Model

With the Transaction, Beacon Point becomes Hut 8’s first fully commercialized AI data center campus. The Company secured the site, contracted the campus in full with investment-grade cash flows, financed Phase 1 with investment-grade debt, and commenced construction. Together, these stages demonstrate structural features of the Company’s disciplined, power-first development model, from origination through delivery:

Power-first underwriting preserves optionality across end markets: Initially underwritten on a speed-to-power thesis to serve Hut 8’s affiliated customer, American Bitcoin Corp., Beacon Point is now fully contracted under two 15-year AI leases to a high-investment-grade counterparty.First-principles approach to design and partnership supports efficient commercialization: Hut 8 has designed the campus around its tenant’s evolving requirements throughout development, including a redesign of the first data hall for Phase 1 to NVIDIA’s DSX reference architecture, enabling 57% more IT capacity within the same land and utility footprint. With this second lease, the tenant doubled its contracted capacity on substantially the same terms.Partnership-driven execution model mitigates execution risk: The campus’s full 1,000 MW of utility capacity is secured under an interconnection agreement with AEP Texas for electric delivery service, and no incremental capacity is required to serve the Phase 2 lease. Hut 8 will implement the partnership-driven model first implemented at River Bend and Beacon Point Phase 1 to deliver the site. Site preparation is underway, and long-lead critical equipment has been procured. Initial energization remains on schedule for Q1 2027.

Asher Genoot, CEO of Hut 8, said, “The real test of our power-first approach is what our partners are willing to commit against it. Our tenant at Beacon Point chose to double its footprint at the site, the strongest validation an asset can receive. We took this greenfield site from first lease to full commercialization in just months. That speaks to the quality of the sites we originate, the credibility of our delivery, and the long-term orientation of our partnerships. The opportunity ahead of us is to apply the same model across our development pipeline.”

Contracted Portfolio Highlights

Contracted Capacity: Total contracted IT capacity across Hut 8’s AI data center portfolio of 949 MW, comprising 704 MW at Beacon Point and 245 MW at River Bend.Contract Value and NOI Contribution: Cumulative base-term contract value across Hut 8’s AI data center portfolio of $26.6 billion, with expected average annual NOI of more than $1.75 billion.Counterparty Credit: 100% of Hut 8’s AI data center portfolio is leased to or backstopped by investment-grade counterparties.

Stock Repurchase Program

On December 4, 2024, as part of its capital management strategy, the Company launched a $250.0 million stock repurchase program (the “Stock Repurchase Program”) with respect to its common stock, par value $0.01 per share (the “Common Stock”). Under the Stock Repurchase Program, the Company may repurchase up to 6,159,439 shares of Common Stock (representing 5.0% of the current issued and outstanding Common Stock) in the next twelve months. The Company expects that any repurchases will be made through the facilities of Nasdaq at prevailing market prices, in accordance with applicable securities laws.

Non-GAAP Financial Measures

This press release includes a non-GAAP financial measure, expected net operating income (NOI) contribution, which the Company defines as expected lease revenue for a particular lease less any non-reimbursable operating expenses attributable to the leased property. The Company’s management team uses expected NOI contribution to measure the expected operating performance of a particular lease. Operating income is the GAAP measure most directly comparable to expected NOI contribution. In evaluating expected NOI contribution, you should be aware that in the future the Company may incur non-reimbursable lease operating expenses that are not currently known. The Company’s presentation of expected NOI contribution should not be construed as an inference that its future results will be unaffected by unusual or non-recurring items. Expected NOI contribution has important limitations as an analytical tool and you should not consider expected NOI contribution in isolation or as a substitute for analysis of results as reported under GAAP. For example, expected NOI contribution excludes the impact of selling, general and administrative expenses and depreciation and amortization, which have real economic effect and could materially impact the Company’s consolidated financial results. Other companies, including Real Estate Investment Trusts, may calculate expected NOI contribution differently than the Company does and, accordingly, the Company’s expected NOI contribution may not be comparable to similar measures published by such companies. No reconciliation of expected NOI contribution is included in this press release because the Company is unable to quantify certain amounts that would be required to be included in operating income without unreasonable efforts as such quantification would imply a degree of precision that would be confusing or misleading to investors.

Additional Transaction Information and Upcoming Communications

Hut 8 has made available on its website an investor presentation with further details regarding the Transaction.

For important news and information regarding the Company, including investor presentations and timing of future investor conferences, visit the Investor Relations section of the Company’s website, hut8.com/investors, and its social media accounts, including on X and LinkedIn. The Company uses its website and social media accounts as primary channels for disclosing key information to its investors, some of which may contain material and previously non-public information.

About Hut 8

Hut 8 is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies such as AI, high-performance computing, and ASIC compute. The Company develops, commercializes, and operates industrial-scale energy and data center infrastructure through a power-first, innovation-driven approach. For more information, visit hut8.com.

Cautionary Note Regarding Forward-Looking Information

This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to  the terms, value, and expected benefits of the Transaction and the Agreement, including expected contract value, NOI contribution, and potential value from renewal options, the timing of development, construction, energization, and delivery of the Beacon Point campus, the expected capacity of the campus, the Company’s development pipeline, and the Company’s future business strategy, competitive strengths, expansion, and growth of the business and operations more generally, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “allow,” “believe,” “estimate,” “expect,” “predict,” “can, “might,” “potential,” “is designed to,” “likely,” or similar expressions.  

Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, risks relating to the construction of new data centers, including cost overruns, delays, supply chain issues, permitting or regulatory hurdles, unexpected technical challenges, and dependency on contractors; risks relating to the financing of new data centers, including the potential dilutive impact of equity issuances (if any), access to capital markets, timing and cost of financing, and market conditions such as increases in interest rates, declining equity valuations, volatility in credit markets, or tightening lending standards; risks impacting our ability to expand the power capacity at the River Bend campus, such as limitations of transmission and/or generation resources; failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at sec.gov and SEDAR+ profile at sedarplus.ca.

 

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SOURCE Hut 8 Corp.

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CGI strengthens enterprise AI leadership with Databricks Brickbuilder Specializations in Public Sector and Generative AI

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Specializations recognize CGI’s proven experience combining deep industry expertise with governed AI delivery to help clients accelerate adoption and achieve business outcomes

MONTRÉAL, July 20, 2026 /PRNewswire/ — CGI (NYSE: GIB) (TSX: GIB.A), one of the largest independent IT and business consulting services firms in the world, today announced it has achieved two Databricks Brickbuilder Specializations in Public Sector and Generative AI (GenAI). The specializations recognize CGI’s proven history of helping organizations modernize data foundations, operationalize AI and deliver measurable business outcomes, particularly in complex, highly regulated and mission-critical environments.

As organizations increasingly seek to move generative AI from experimentation to enterprise-scale deployment, success depends on trusted data, strong governance and the ability to integrate AI into core business operations. CGI combines deep industry and domain expertise with end-to-end consulting, systems integration and managed services to help clients apply AI where it delivers the greatest business impact. The Databricks Brickbuilder Specializations recognize CGI’s experience helping organizations make that transition responsibly and at scale.

CGI is already delivering these capabilities across industries using the Databricks platform. Examples of measurable client outcomes include:

For a large telecommunications company, CGI’s GenAI-powered LLMOps framework on Databricks—which has been designed to scale across 200+ models—accelerated AI model deployment by a factor of four, reduced manual quality assurance by approximately 80%, improved production accuracy by 10% and expanded evaluation coverage tenfold; andFor an energy and utilities provider managing large volumes of engineering documentation, CGI’s AI-powered Knowledge Assistants use Databricks’ AI Search and generative AI capabilities to transform unstructured documents into actionable intelligence, reducing document search time by 85% and enabling faster, insight-driven decision-making across complex projects.

“Achieving the Databricks Brickbuilder Public Sector and GenAI Specializations reflects CGI’s experience helping clients move beyond AI pilots to enterprise-scale deployment,” said Wes Carberry, Senior Vice-President, Business Unit Leader and Databricks Global Executive Sponsor at CGI. “The challenge clients face today isn’t proving that AI can work—it’s integrating it into core operations with trusted data, effective governance and measurable business outcomes. By combining deep industry knowledge with proven delivery, we help clients apply AI in ways that solve real business challenges and create lasting value.”

The Databricks Brickbuilder Specialization Program recognizes partners with validated customer outcomes, certified technical expertise and proven delivery accelerators. CGI’s Public Sector Specialization recognizes its experience helping government organizations modernize mission-critical environments while meeting demanding security and compliance requirements. The GenAI Specialization recognizes CGI’s ability to design, build and operationalize enterprise generative AI solutions—from governed data foundations through production deployment using capabilities such as retrieval-augmented generation, model fine-tuning and AI agents.

“The Databricks Brickbuilder GenAI Specialization recognizes CGI’s experience helping organizations modernize data environments and operationalize AI on the Databricks platform,” said Amit Singh, Global Head of Partner GTM, AI at Databricks. “From regulated public sector environments to enterprise generative AI initiatives, CGI brings the delivery approach, technical depth and industry knowledge organizations need to move forward with confidence.”

CGI’s Databricks capabilities build on its recently announced Gold tier partner status and previous Brickbuilder Specializations, reflecting the company’s continued investment in helping clients modernize data platforms, operationalize AI responsibly and accelerate business value through trusted, enterprise-scale delivery.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2025 reported revenue is CA$15.91 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

About CGI’s alliances
CGI’s global alliance strategy features partnerships with more than 150 technology companies and supports its local relationship model complemented by a global delivery network. This approach enables CGI consultants and professionals to remain independent and agile in selecting solutions that best fit each client’s unique needs, including technology stack requirements and considerations such as digital and AI sovereignty. Learn more at cgi.com/alliances.

View original content:https://www.prnewswire.com/news-releases/cgi-strengthens-enterprise-ai-leadership-with-databricks-brickbuilder-specializations-in-public-sector-and-generative-ai-302828661.html

SOURCE CGI Inc.

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