Datatec, the international information and communications technology (ICT) group, has reported a 13.3% rise in revenue for the year ended February 2015, to $6.4 billion (FY14: $5.7 billion).<\/p>\n
Gross profit topped $932.9 million (FY14: $841.4 million), while EBITDA was up 17.7% to $206.4 million (FY14: $175.3 million).<\/p>\n
The group said that underlying earnings per share improved 17.1% to 41.8 US cents, against 35.7 US cents before.<\/p>\n
Datatec maintained a cash dividend of 17 US cents per share for the full year.<\/p>\n
Jens Montanana, chief executive of Datatec, commented: “Our revenue growth continued this year, driven by a strong recovery in sales and market share at Westcon. Logicalis delivered an improvement in the second half, leading to profitable growth year-
\nover-year. We are also pleased with the improved operating efficiency across all divisions.”<\/p>\n
“We have maintained our dividend over the past three years despite volatile earnings and have delivered long-term sustainable returns to shareholders.”<\/p>\n
“We expect our diverse operating portfolio to continue to deliver revenue growth, as Logicalis adapts its capabilities to address cloud-based infrastructure opportunities and Westcon increases its momentum with global vendors.”<\/p>\n
Datatec buys German firm Inforsacom<\/a><\/strong><\/p>\n Datatec in German software developer acquisition<\/strong><\/a><\/p>\n Datatec revenue up 8%<\/a><\/strong><\/p>\n