Shares in technology group Datatec rose by more than a fifth on Friday, as the company said demand for its remote access computing had increased over the last few weeks and has reduced its net debt over the last financial year.
The company, run by CEO Jens Montanana, is in the process of finalising its financial results for the period.30.3% higher at R23.78, giving the technology firm a market value of R4.47bn.said the turnaround in its Westcon International unit continued, with a substantial improvement in profitability over the financial year.
The group is actively monitoring the coronavirus outbreak “to ensure the safety of all our employees and customers” in addition to following the World Health Organisation and local country and government guidelines.
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