Datatec FY revenue decreases 2%

Thursday 27 May 2021 | 10:13 CET | News
South African ICT group Datatec said its revenue decreased by 2 percent to USD 4.11 billion in the year ended 28 February compared to USD 4.21 billion a year earlier. EBITDA declined to USD 118.6 million from USD 158.7 million the year before. Datatec said every division delivered a solid performance as falling operating costs offset the effect of lower gross profits owing to a change in revenue mix, with an increased contribution from the distribution segment.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: General
Companies: Datatec / Logicalis
Countries: South Africa
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Datatec expects 15% higher revenue in H1 despite semiconductor shortage

Published 16 Sep 2021 11:33 CET | South Africa
South African ICT group Datatec says its interim revenue will be significantly higher year on year and would have been higher ...

Westcon to distribute CrowdStrike's cybersecurity platform in Europe

Published 08 Feb 2021 08:57 CET | Europe
Datatec subsidiary Westcon has signed a distribution agreement with CrowdStrike, which provides cloud-delivered endpoint and ...

Datatec H1 revenue and EBITDA dip year on year amid Covid-19, sees weaker EPS

Published 08 Oct 2020 09:28 CET | World
South African ICT group Datatec said in a trading statement that revenue for the first six months to 31 August fell to USD 2.03 ...

Datatec says revenues fall slightly in first 4 months but EBITDA improves as costs decline

Published 22 Jul 2020 11:46 CET | South Africa
South African ICT group Datatec said in a trading update for the four months ended 30 June that revenues were down slightly year ...