CHAIRMAN'S STATEMENT
Solid Year For The Group
Datatec's performance improved in the traditionally stronger second half of the year, which was both sequentially and comparatively better on both a revenue and profit basis, as the Group benefited from a combination of improving market conditions and high operational gearing.
The Group achieved very strong operating cash generation and ended the year with a net cash position of $186 million (2009: $36,2 million).
Steven Davidson, Chairman
Reviews & Reports
CEO'S STATEMENT
Solid Financial and Operational Performance
Strong operational management, coupled with an expanding international footprint for the Group's businesses, has positioned us well to take advantage of improving market conditions...
CFO'S STATEMENT
Focus primarily on continuing operations
The Group has delivered a sound financial and operational performance, marked by very strong operational cash generation and steady margins...
Reviews & Reports
Key Highlights
- Revenue: US$3 738 million
- EBITDA: US$109 million
- Headline earnings per share: 24 US cents
- Operating profit per employee: US$18 000
- Return on capital employed: 9.6%
- EBITDA margin: 2.9%
Operational Highlights
- Strong recovery in second half of financial year
- Group continues to benefit from international scale and business diversification
- All divisions have returned to revenue growth