DTC
DTC
Datatec - Earnings Update
DATATEC LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/005004/06)
(Share code: DTC)
(ISIN: ZAE000017745)
("Datatec" or "the Group")
EARNINGS UPDATE
Companies listed on the JSE Limited are obliged to notify shareholders as
soon as the Board is satisfied that a reasonable degree of certainty exists
that headline or actual earnings per share will vary by more than 20%
compared to the previous corresponding reporting period.
Datatec, the international Information & Communications Technology (ICT)
group, is currently finalising its results for the six months ended 31
August 2006 which are expected to be released on 1 November 2006. In this
regard, shareholders are advised that Datatec is expected to report interim
headline earnings per share of between 15 and 16 US cents for the six
months ended 31 August 2006 (2005: 12 US cents).
Earnings per share are expected to be between 15 and 16 US cents (2005: 10
US cents).
Datatec had a strong overall financial performance during the six months to
31 August 2006, improving on previously reported interim results. This was
driven by strong increases in revenues, improved margins and tightly
controlled operating costs.
The financial information on which this trading statement is based has not
been reviewed and reported on by the Group"s auditors.
Enquiries:
Enquiries:
Datatec Limited (www.datatec.co.za)
David Pfaff, Group Finance Director + 44 (0) 1753 797 118
Wilna de Villiers, Group Marketing Manager +27 (0) 11 233 1013
College Hill (UK press)
Adrian Duffield/Corinna Dorward + 44 (0) 20 7457 2020
Fleishman-Hillard (SA press)
Michelle de Pons/Lucien Vallun + 27 (0) 11 548 2000
Dresdner Kleinwort
Paul van Issum, Equity Capital Markets + 44 (0) 20 7623 8000
Simon Russell/James Rudd, Global Banking
Sandton
23 October 2006
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 23/10/2006 08:00:07 AM Produced by the JSE SENS Department
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