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General

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.

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Categories: General
Companies: Datatec / Logicalis
Countries: South Africa
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