Leadership reviews
- CHAIR’S REVIEW
- EXECUTIVE DIRECTORS’ REPORT
CHAIR’S REVIEW
Chair’s review
Trend of increasing digitisation is set to continue
Datatec weathered the unprecedented market and social disruptions brought on by the global Covid-19 pandemic very well and delivered a solid operational performance across all its divisions for the financial year ended 28 February 2021.
EXECUTIVE DIRECTORS’ REPORT
Executive directors' report
Solid operational execution across all divisions in challenging Covid-19 environment
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.
Our value creation business model
The Group has a decentralised business model which empowers its divisional management teams to make operational decisions that are best suited to their individual operating needs but within a strategic operating and financial framework set by the Group to ensure sustained value for all stakeholders.
WHAT MAKES US DIFFERENT
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 information security, networking, unified collaboration, cloud and data centre technologies.
OUR INVESTMENT PROPOSITION
Our strategy
Datatec's strategy is to improve shareholder returns over the medium term through a combination of corporate and business development actions aimed at enhancing the competitiveness and profitability of its subsidiaries and operating divisions. In executing its strategy, Datatec is cognisant of its corporate social responsibility.
Value creation at a glance
Value unlocked in FY21
Solid operational execution across all divisions in challenging Covid-19 environment
Resumption of ordinary dividend (100 SA cents per share)
