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Leadership reviews



Chair Stephen Davidson

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.


CFO Ivan Dittrich | CEO Jens Montanana

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.


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.


GLOBAL PRESENCE -located in over 50 countries supported by close to 10 000 skilled employees and experienced multinational management
DIVERSITY-related but operationally dissimilar businesses diversify income and provide unique growth opportunities
FOCUS -on high-value, fast-growing sectors of the ICT market
OPERATE -at multiple points of the ICT supply chain
STRATEGIC RELATIONSHIPS -well positioned in strong technology areas and managed services with leading technology vendors and quality customer profile

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)

R8.7 million
CSI spend at Datatec head office

13.6 US cents

Net debt
US$60.9 million

partner and vendor relationships

Group revenue
US$4.1 billion

Close to 3 000 individuals provided with access to computer technology

Westcon SA BBBEE status
Level 1

Adjusted EBITDA (excluding restructuring costs)
US$141.0 million

Close to 2 000 learners indirectly benefiting from school-level intervention in maths and science

Logicalis SA BBBEE status
Level 2

Cash generated from operations
US$234.4 million

Over 500 individuals benefiting from ICT skills training over a two-year period