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JENS MONTANANA, CHIEF EXECUTIVE OF DATATEC, COMMENTED:

Datatec’s solid execution during a year beset with unprecedented Covid-19
pandemic-related disruptions has proven our operational resilience.

Our divisions provide many of the products and services required to support a remote IT networked-based way of doing business. This digitisation trend is set to continue and we have already seen a structural shift in our business away from many forms of traditional hardware to software and services with growing annuity revenue.

Financials

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FINANCIALS

COMMENTARY

Current trading and outlook

While the Covid-19 pandemic continues to cause unpredictable business disruptions, economic uncertainty and currency volatility, the Group’s divisions are in a strong position with a solid order book related to remote working, cloud access and fixed or mobile secured networking.

The trend towards digitisation is set to continue and the structural shift away from many forms of traditional hardware to increasing software and services with growing annuity revenue is already benefiting our divisions as they provide many of the products and services required to support a remote IT networked-based way of doing business. The trends experienced during FY21 have continued into FY22.