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Datatec more than doubles interim dividend after a 109.5% surge in headline earnings
Cape Times
|October 31, 2025
DATATEC, the global provider of ICT solutions and services, has reported a striking 109.5% increase in headline earnings per share for the six months to August 31 after enhancing profit in its Westcon division and evolving its recurring software and services portfolio.
This culminated in an interim dividend that more than doubled to 10 US cents from 4 US cents at the same time last year. Datatec's share price let off some steam falling by 0.93% to R40.36 Thursday afternoon, but the price is more than 70% higher than a year ago.
More than 70% of sales now originate from software and services. Although gross invoiced income remained flat at $260.9 million, the Westcon International division experienced a boost, with invoiced income climbing 9.8% to $2.7 billion. This expansion was evident across all operational regions, while gross profit soared by 13.8% to $245.m, benefitting from tax credits and enhanced margins, particularly in the Asia-Pacific market.
Esta historia es de la edición October 31, 2025 de Cape Times.
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