Logicalis grows apace ahead of the market; Acquisition and strategic partnership approach fuels expansion of Logicalis, part of the Datatec Group.

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M2 PRESSWIRE-17 May 2007-Logicalis: Logicalis grows apace ahead of the market; Acquisition and strategic partnership approach fuels expansion of Logicalis, part of the Datatec Group(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:17052007 Slough, England: Logicalis reported a strong set of results for the year ended 28 February 2007 - revenue was $696 million representing growth of 37 (including $43 million arising from acquisitions made during the year).

This compares to revenue of $505 million in FY2006. Excluding the impact of acquisitions made during FY2006 and FY2007, revenue increased by 11 over the prior year on a like-for-like basis. Product sales growth of 38 year on year, generated additional demand for consulting and technical services which increased...