Johannesburg – Technology firm Datatec [JSE:DTC] on Wednesday reported a
6% rise in diluted headline earnings per share to 20.5 US cents for the six
months ended August, from the 19.2c reported in the corresponding period
highlighted in our IMS statement in July‚ overall revenues and underlying
earnings are continuing to improve but the rate of growth has slowed as the
macroeconomic climate has become more uncertain‚” Datatec CEO Jens Montanana
revenue grew by 7% to $2.62bn from the previous year’s $2.44bn.
organic revenue growth slowed in all regions‚ the group benefited from its
strategy of expansion into higher growth markets and a strong first-half
performance from Logicalis.
"Westcon had a more challenging six months compared
to the recent past‚ but has still reported revenue growth across all regions‚”
declared a dividend of 70 SA cents or 8 US cents for the period under review.
Datatec still expects to grow its revenue for the 2013 financial year to between $5.5bn and $5.8bn.
current exchange rates and trading conditions our full-year forecast remains
unchanged but has become more challenging than we anticipated in May‚”