Value creation at a glance

VALUE UNLOCKED IN FY20

  • Effective response to COVID-19 impact post-year-end

    Safety and wellbeing of the Group’s employees ensured and working from home enabled across all divisions

  • 10 924
    total employees

  • US$649
    million
    invested in wages and benefits

  • R8
    million

    CSI spend at Datatec head office

  • 2 119 learners benefitting from school-level intervention in maths and science

  • 7 787
    individuals gaining access to computer technology

  • Strong
    partner and vendor relationships

  • Westcon SA
    BBBEE
    status Level 1

  • Logicalis SA BBBEE status
    Level 2

    Datatec BBBEE status
    Level 3

  • Group revenue
    US$4.3
    billion

  • EBITDA
    US$158.7 million

  • uEPS
    9.9 US
    cents

  • Significant improvement in Westcon International profitability

  • Cash generated from operations
    US$215.6 million

  • US$60
    million

    returned to shareholders through a special dividend and share repurchases


Acquisitions

Analysys Mason Limited acquired 100% of the issued share capital of Stelacon Holding AB (“Stelacon”), a Swedish consulting company. This was an important further step in building Analysys Mason’s pan-Scandinavian presence.

Logicalis SA (Pty) Ltd acquired 100% of the issued share capital of Mars Investment Holdings (Pty) Ltd (“Mars Technologies”), a South African IT services business, with offices in Cape Town, Johannesburg, Port Elizabeth, Durban and East London. This acquisition strengthens and expands Logicalis’ South African managed services offering.

Logicalis Group purchased a 70% interest in Cilnet – Communicações e Projectos Especiais S.A. (“Cilnet”) on 2 September 2019. The acquisition increases Logicalis’ Cisco technical expertise in the Iberian region and complements the existing Spanish operation.

Logicalis Group also acquired 100% of Orange Networks GmbH (“Orange Networks”). This acquisition advances Logicalis Germany to Microsoft Gold-Certified Partner status and enhances its hybrid cloud offering.

VALUE ADDED STATEMENT

for the year ended 29 February 2020

  2020
US$’000
  2019
US$’000
 
Revenue 4 304 845   4 332 381  
Interest received 14 911   9 568  
Gain on disposal of subsidiaries 1 332   11 694  
Less: Paid to suppliers for materials and services (3 432 431)   (3 555 313)  
Total value added 888 657   798 330  
1 Includes salaries, wages and benefits.
2 Interest expenses.
3 Dividends paid.
4 Taxation paid in the jurisdictions in which the Group operates.
5 Includes depreciation, amortisation, deferred taxes, profit attributable to the equity holders of the parent and profit attributable to non-controlling
interests.