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IT

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

Thursday 8 October 2020 | 09:28 CET | News
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 billion from USD 2.06 billion a year earlier and adjusted EBITDA decreased to USD 66.7 million from USD 70.0 million. Datatec now expects that for H1 FY21, all earnings per share (EPS) metrics will be lower than the reported earnings for H1 FY20 because of the effect of the Tax Credit in H1 FY20. The interim results are due on or about 22 October.

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Categories: IT
Companies: Datatec / Logicalis / Westcon-Comstor
Countries: South Africa / World
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