Datatec rides the new dot-com boom.
Investors Chronicle - magazine and web content, May, 2007
The networking equipment reseller's results are the best since the bubble Tim Bradshaw
"These are our best results since the bubble years," says Datatec chief executive Jens Montanana. Thanks to operating leverage, "the further you go down the income statement, the better the ratios get". Around half of the IT networking and security hardware provider's revenues come from reselling Cisco kit, which has flying out of the warehouse as broadband, voice over IP and other "convergence" technologies take off.
But half of group revenues are also earned in the US, where demand has been softer for the past nine months. So Mr Montanana has been building Datatec's presence in Europe and emerging markets such as the Middle East and Latin America. The recent...
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