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BRIEF-Datatec says full-year revenue at $6.08 bln vs $6.45 bln yr ago
May 22, 2017 / 6:10 AM / 7 months ago

BRIEF-Datatec says full-year revenue at $6.08 bln vs $6.45 bln yr ago

May 22 (Reuters) - Datatec Ltd:

* Fy group revenue $6.08 billion (fy16: $6.45 billion)

* Fy ebitda $118.9 million (fy16: $162.1 million)

* Fy gross margin 13.7% (fy16: 13.5%)

* Fy underlying* earnings per share 11.0 us cents (fy16: 32.0 us cents)

* Datatec - has been challenged in fy17 by implementation of bpo and sap within westcon-comstor which has had an adverse impact on profitability, working capital and cash generation.

* Group is in final phase of this process and expects an improved performance in financial year ahead.

* Fy profit before tax was $41.7 million (fy16: $88.4 million).

* FY HEPS at 4,293 cents versus 40,016 cents year ago Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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