Who we are

Datatec is an international ICT solutions and services group operating in more than 70 countries across six continents. Through three core operating divisions, the Group offers technology distribution (WestconGroup), integration and managed services (Logicalis) and consulting and research (Analysys Mason, Mason Advisory and Via Group).

The Group was founded in 1986 and listed on the JSE in 1994, it has a secondary listing on the AIM in London.

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Technology distribution


Integrated and managed services


Consulting and research

Analysys Mason, Analysys Advisory, Via Group

Our vision

To be a global leader in speciality, high-value ICT solutions through distribution and integrated services businesses, in collaboration with best-in-class vendor technology partners.

We have built an extensive global footprint through our entrepreneurial expansion and aim to continue to add technology agility and service excellence to deliver value to all stakeholders.

Our business

Our business philosophy has its roots in an entrepreneurial culture. We are committed to being ethical, honest, socially responsible corporate citizens and strive to be an employer of choice: attracting, developing and retaining talented people.

We value business partnerships and we work towards creating shareholder value by developing a best-in-class portfolio of actively managed businesses operating in the high-value, fast growing sectors of the ICT market.

Our investment proposition

Datatec offers shareholders an opportunity to invest in a leading international ICT group that is uniquely positioned to take advantage of best-in-class solutions in security, networking, unified communications, cloud and data centre technologies.

Located in 70 countries supported by more than 8 500 skilled employees and experienced multinational management

Global presence

Well positioned in strong technology areas and managed services with leading technology vendors and quality customer profile

Strategic relationships

Related but operationally diversified businesses diversify income and provide unique growth opportunities


Delivering organic and acquisitive growth

Proven track record

Providing long-term returns to shareholders

Financial returns

Our global presence

Global presence

North America

35% of Group revenue


34% of Group revenue


9% of Group revenue

Latin America

14% of Group revenue

Africa and Middle East (AME)

8% of Group revenue

Results summary for the year

Financial results

Group revenue
US$6.5 billion

(FY15: US$6.4 billion)

Group revenue in constant currency** up

US$162.1 million

(FY15: US$206.4 million)

Underlying* earnings per share
32.0 US cents

(FY15: 41.8 US cents)

Final distribution maintained at
9 US cents per share

(FY15: 9 US cents per share)

Group headlines

Profitability impacted
by foreign exchange losses, restructuring and translation

Stable underlying operating performance

Acquisitions enhancing Logicalis’ scale and capabilities

Current trading and prospects

Improved geographic balance

Low revenue growth environment

BPO initiative to be expanded to Asia-Pacific

*Excluding impairments of goodwill and intangible assets, profit or loss on sale of investments and assets, amortisation of acquired intangible assets, unrealised foreign exchange movements, acquisition-related adjustments, fair value movements on acquisition-related financial instruments, restructuring costs and the taxation effect on all of the aforementioned.

**The pro forma constant currency information, which is the responsibility of the Datatec directors, presents the Group’s revenue for the current year had it been translated at the average foreign currency exchange rates of the prior year. This information is for illustrative purposes only and because of its nature, may not fairly present the Group’s revenues. The Group’s auditors have issued a limited assurance report (in terms of ISAE 3000 Assurance Engagements other than Audits or Reviews of Historical Information) on the pro forma financial information presented, a copy of which is available for inspection at the Company’s registered office. To determine the revenues in constant currency terms, the current financial reporting period’s monthly revenues in local currency have been converted to US Dollar at the average monthly exchange rates prevailing over the same period in the prior year. The calculation has been prepared for each of the Group’s currencies, materially being that of the British Pound, Euro, Brazilian Real, Australian Dollar, Canadian Dollar, Singapore Dollar, Mexican Peso and South African Rand.

FY16 was a notably challenging year for the Group. We were affected by a combination of a strong US Dollar impacting the contribution from our emerging market operations and major income statement charges, including foreign exchange losses due to capital controls in Angola and the reorganisation of Logicalis UK.

As we stated previously, we have taken significant actions to enhance our operational performance across our WestconGroup EMEA operations. This BPO initiative is being extended to the Asia-Pacific region.

Looking ahead, we are confident that our diversification and geographical portfolio strategy as well as global positioning in the ICT market remain sound. Therefore, the Board has recommended an unchanged full year dividend.

Jens Montanana
Chief Executive

Executive directors report

The weakened economic environment contrasts with the many positive secular forces in our segment of the ICT industry.

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Jens Montanana CEO

Jurgens Myburgh CFO