Datatec bumps up dividend as it cashes in on ICT demand

2022-05-24 05:12:00 PM

Group benefits from increased software and services mix

Datatec bumps up dividend as it cashes in on ICT demand

Group benefits from increased software and services mix

Karl GernetzkyICT group Datatec has bumped up its dividend for 2022 and expects to continue to benefit from robust global demand for services such as networking, security and cloud infrastructure.Group revenue rose 12.8% to $4.64bn (R74.2bn) in its year to end-February, about 8% above pre-pandemic levels, with gross profit up 11.6% to $770m...

BPremiumThis article is reserved for our subscribers.A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Read more:
Business Day »

#EveryCallerWins: Your chance to win your share of R350 000 with ECR this October!

Stream East Coast Radio every day in October to find out when you could be winning your share of R350 000 where Every Caller Wins - it's that simple. Read more >>

Datatec bumps up dividend as it cashes in on ICT demandGroup benefits from increased software and services mix

Datatec bumps up dividend as it cashes in on ICT demandGroup benefits from increased software and services mix

Higher IT demand boosts Datatec, which may sell its consulting business | Fin24Datatec says it has benefited from the technology demand for networking, security and cloud infrastructure, with an increased software and services mix driving higher recurring income.

Ayo Technology dividends near R1 billion as ‘PIC cash pile’ dwindles | The CitizenDespite interim loss, Ayo Technology will still pay over R120m in dividends

Ayo dividends near R1bn as ‘PIC cash pile’ dwindlesAyo says the matter of the summons requesting that it be ordered to pay the PIC R4.29bn plus interest ‘is currently in discovery’. Moneyweb SouthAfrica finance 😱

Datatec in talks over Analysys Mason unitAs part of an effort to unlock shareholder value, Datatec is in talks about a potential transaction involving its Analysys Mason subsidiary.

24 May 2022 - 09:50 Karl Gernetzky ICT group Datatec has bumped up its dividend for 2022 and expects to continue to benefit from robust global demand for services such as networking, security and cloud infrastructure.24 May 2022 - 09:50 Karl Gernetzky ICT group Datatec has bumped up its dividend for 2022 and expects to continue to benefit from robust global demand for services such as networking, security and cloud infrastructure.24 May 2022 - 09:50 Karl Gernetzky ICT group Datatec has bumped up its dividend for 2022 and expects to continue to benefit from robust global demand for services such as networking, security and cloud infrastructure.Higher IT demand boosts Datatec, which may sell its consulting business Sibongile Khumalo Share Datatec announced on Tuesday that it had entered into negotiations that may result in the sale of Analysys Mason.

Group revenue rose 12.8% to $4.8% to $4.64bn (R74.64bn (R74.2bn) in its year to end-February, about 8% above pre-pandemic levels, with gross profit up 11.2bn) in its year to end-February, about 8% above pre-pandemic levels, with gross profit up 11.6% to $770m. ICT solutions provider Datatec posted $82.

.... B Premium This article is reserved for our subscribers. B Premium This article is reserved for our subscribers. A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily. A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily. Already subscribed? Simply sign in below. Already subscribed? Simply sign in below. The company declared a final dividend of R1.

.