DiData shows strong interims
SA-based reseller sees numbers head North
South African-owned reseller Dimension Data increased turnover for the six months ended 31 March 2006 by over 15 per cent.
Turnover grew by 15.9 per cent to $1.45bn and profits grew by 10.3 per cent to $299m.
DiData CEO Brett Dawson said he was especially pleased with the company's increased market share for network integration because it is "at the centre of the convergence trend". He expects moves to put all voice and data onto single IP-based networks to continue.
The company managed double digit growth everywhere except Europe. Revenue in Europe grew at just over 8 per cent, compared to 9.1 per cent in Africa, 11.9 per cent in Asia, 19.3 per cent in Australia and a whopping 43.4 per cent in the USA.
DiData shares rose 2.2 per cent on the Johannesburg exchange but fell 2.8 per cent on the London Stock Exchange. Shares on both exchanges have risen strongly since January.
More details from DiData here.®