All data is delayed
See More

Datatec says unlikely to reach forecasts

Dec 03 2012 09:58

Johannesburg - Shares in Datatec [JSE:DTC] fell nearly 2% after the IT company warned it was unlikely to meet its full-year earnings forecasts because of weak conditions in Europe and disruptions to its North American business from Hurricane Sandy.

The company was expecting headline earnings per shares of about 50 US cents for the year to end-February.

Datatec was off 1.71% at R54.75.



Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

A 30% a month return on investment is:

Previous results · Suggest a vote