The group maintains a strong operational performance in the second half of the year, to deliver a solid full-year result.
JSE-listed technology group Datatec has posted revenue of $5.5 billion for the year ended 29 February . The company says revenue was up by 6.1%.
“We have managed to successfully capture growth opportunities across many markets to deliver improved quality of earnings. It notes these negative impacts on Westcon International during FY23 were partially offset by foreign exchange hedging gains as reported in operating costs. Westcon International’s revenue increased by 7.7% to $3.69 billion due to strong demand for network infrastructure and cyber security solutions. Its gross profit increased by 22.7% to $403.4 million and the gross margins increased to 10.9% , says the firm.
Jens Montanana Logicalis Westcon Logicalis Latin America Westcon International
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