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Encouraging H1 across all divisions
Datatec | 07/10/2024
Datatec’s trading statement flags a robust performance at group level in H1. Westcon continues to deliver profit growth, Logicalis International…
Positive outlook for FY25
Datatec | 25/06/2024
Datatec reported 6% revenue growth in FY24, with the backlog normalising after a period of tightness in the supply chain. Strong performances from Westcon…
Underlying earnings more than tripled in FY24
Datatec | 28/05/2024
Datatec reported FY24 revenue growth of 6%, with a strong performance from Westcon, a good performance in Logicalis International masked by a higher level…
FY24 underlying EPS more than doubles y-o-y
Datatec | 02/05/2024
In a second more detailed trading update for FY24, Datatec confirmed revenue growth of 6% to $5.46bn, with Westcon International delivering excellent performance,…
FY24 revenue growth of 5.8%
Datatec | 27/03/2024
Datatec expects to report revenue of $5.44bn for FY24, up 5.8% y-o-y, and noted that the quality of earnings improved in the year. During H224, Westcon…
On track for better performance in FY24
Datatec | 07/11/2023
Datatec reported a strong performance in H124, with revenue up 15% y-o-y, adjusted EBITDA up 2% and underlying EPS up 336%. As supply chain issues have…
Solid H124 performance supports FY24 outlook
Datatec | 23/10/2023
For H124, Datatec reported 15% y-o-y revenue growth, gross margin expansion, EBITDA growth of 39% and adjusted EBITDA growth of 2%. Underlying EPS increased…
Sustained demand in H124
Datatec | 05/10/2023
In its H124 trading update, Datatec noted that all divisions reported improved performance versus H123. Westcon’s performance was described as excellent,…
On a growth track for FY24
Datatec | 05/06/2023
Datatec reported solid results for FY23 with revenue and adjusted EBITDA ahead of our forecasts. As supply chain issues eased in H2, all divisions accelerated…