Datatec expects results to better last year

Related Companies

  • Software & Computer Services

    • News for Spread Betters

    PreviousPrevious
    NextNext

    There's a new Investor Edition of CMC Markets' spread betting platform... and it's exclusive to DigitalLook.com users...

    Get full details about Marketmaker:Investor Edition here. Advertisement

    Date: Tuesday 15 Jul 2008

    LONDON (ShareCast) - IT company Datatec said it will deliver good revenue growth for the first half and an improved financial performance compared to last year despite continuing softness in the US and slower market conditions.

    Revenues are expected to exceed $2.2bn for the six months to 31 August 2008, compared to $1.9bn for the same period in 2007.

    “Trading for the first quarter has been strong, especially considering overall economic conditions, this is being underpinned by the broad diversity of the Group's revenue sources in terms of geography, technology and operations,” said the group.

    The group said its international base, which includes strong contributions from the fast developing markets of South America, Africa and the Middle East as well as Asia-Pacific, is helping to mitigate lower growth in the US and European markets.

    Digital Look have been voted
    "Best Research and Information Provider"

    4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
    Registered in England and Wales (registered no. 3678570).