Following a strong start to the year, JSE-listed Datatec expects a more than 20% increase in all earnings a share metrics for the first six months ended August 31.
The international information and communications technology company further said, on Tuesday, that a solid operational performance was achieved across all divisions with the reshaping of Westcon International and central cost reductions proceeding to plan.
In this regard, underlying earnings a share are expected to be between $0.03 and $0.04, between $0.016 and $0.026 higher than the first half of prior financial year.
Underlying earnings a share from continuing operations are expected to be between $0.03 and $0.04, compared with a loss a share of $0.087 in the previous comparable period.
Headline earnings a share are expected to be between $0.005 and $0.01, compared with a loss a share of $0.058.
Datatec’s interim results for the six-month period are expected to be released on October 18.