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

Wednesday 22 July 2020 | 11:46 CET | News
South African ICT group Datatec said in a trading update for the four months ended 30 June that revenues were down slightly year on year and operating costs were much lower, resulting in "meaningful" operating leverage and improved group EBITDA. Westcon International improved its revenues and EBITDA for the four months to June compared with the same period last year. 

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: IT
Companies: Datatec / Logicalis
Countries: South Africa
::: add a comment

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 FY revenue decreases 2%

Published 27 May 2021 10:13 CET | South Africa
South African ICT group Datatec said its revenue decreased by 2 percent to USD 4.11 billion in the year ended 28 February ...

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 ...

Logicalis appoints Vice President for Business Development

Published 05 Oct 2020 14:41 CET | World
Global IT managed services provider Logicalis has appointed Mick McNeil as VP for Business Development. He will lead the ...

Liquid Telecom selects Logicalis as service delivery partner

Published 14 Sep 2020 13:02 CET | South Africa
Logicalis, an international IT and managed services provider, has been selected as Service Delivery Partner of choice by Liquid ...

Datatec FY revenues dip slightly to USD 4.30 bln, profit margins rise

Published 28 May 2020 10:19 CET | World
International ICT products and services group Datatec said revenues decreased by 0.7 percent to USD 4.30 billion for the year to ...

Datatec expects higher FY EPS

Published 15 May 2020 10:47 CET | South Africa
International ICT products and services group, Datatec said it expects all full-year 2020 earnings per share metrics to be more ...