ENTITY

Datatec Limited (DTC LN)

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Analysis
Information TechnologySouth Africa
Datatec Limited provides information and communications technology products, solutions, and services worldwide. The company?s WestconGroup division distributes networking, security, and unified communications data center products to technology vendors, value added resellers, systems integrators, and service providers. It also provides design and configuration of unified communications and collaboration, mobility, and data center networks, as well as network extensions, such as videoconferencing, network storage, unified messaging, and network security; and various services to complement its solutions. The company?s Logicalis division offers information technology (IT) solutions and services comprising information technology infrastructure and networking solutions, communications and collaboration, data center, cloud, and managed services to various markets, including financial service, telecommunications, media and technology, education, healthcare, retail, manufacturing, and professional service markets, as well as to the government. Its Consulting division provides strategic, trusted advisory, modeling, and market intelligence services to the telecommunication, IT, and digital media industries; and products and services to support unified communications and integrated voice solutions. The company was founded in 1986 and is based in Sandown, South Africa.
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bullishDataTec Ltd
07 Nov 2023 19:10Issuer-paid

Datatec - On track for better performance in FY24

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...

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bullishDataTec Ltd
23 Oct 2023 19:10Issuer-paid

Datatec - Solid H124 performance supports FY24 outlook

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...

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bullishDatatec Limited
05 Oct 2023 19:10Issuer-paid

Datatec - Sustained demand in H124

In its H124 trading update, Datatec noted that all divisions reported improved performance versus H123. Westcon’s performance was described as...

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bullishDataTec Ltd
05 Jun 2023 16:14Issuer-paid

Datatec - On a growth track for FY24

Datatec reported solid results for FY23 with revenue and adjusted EBITDA ahead of our forecasts. As supply chain issues eased in H2, all divisions...

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bullishDataTec Ltd
23 May 2023 16:20Issuer-paid

Datatec - Starting FY24 in a strong position

Datatec reported group continuing revenue growth of 13% for FY23 (20% in constant currency) with adjusted EBITDA from continuing operations also...

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